Previous close | 0.0400 |
Open | 0.0400 |
Bid | 0.0000 |
Ask | 0.0500 |
Strike | 7.50 |
Expiry date | 2024-09-20 |
Day's range | 0.0400 - 0.0400 |
Contract range | N/A |
Volume | |
Open interest | 10 |
(Bloomberg) -- HPS Investment Partners LLC won a court fight to replace the board of directors of bankrupt Redbox Entertainment Inc. and agreed to arrange a loan for the DVD rental company’s parent so that employees can be paid.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineeUS Allies Allege China Is Developing Attack Drones for RussiaChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysS&P 500 Closes Above 5,500 in Record-Breaking Run: Mar
Chicken Soup for the Soul Entertainment, the parent of DVD rental operator Redbox, has filed for Chapter 11 bankruptcy protection. The bankruptcy filing comes after months of a series of financial struggles for the company and piling unpaid bills. Chicken Soup for the Soul has accumulated nearly $1 billion in debt, the Chapter 11 filing submitted Friday in Delaware bankruptcy court shows, after reporting loss after loss over recent quarters.
The parent company of Redbox, those distinctive, red-colored kiosks at grocery stores that sell or rent DVDs, has filed for bankruptcy after enduring months of financial struggle.