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GNC Files for Chapter 11 Bankruptcy

by Nicholas Saraceno | June 24, 2020

According to Bloomberg, Pennsylvania-based GNC Holdings Inc. filed for bankruptcy protection with the aim of selling itself and closing stores after its latest effort to manage its debt load unraveled amid the coronavirus pandemic, the company announced on Tuesday. The health and wellness company’s Chapter 11 petition filed in U.S. Bankruptcy Court in Delaware allows the ...

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