$0.03
+0.00 (+0.37%)
QVCGA News2 articles
QVC Files for Chapter 11 Bankruptcy to Slash $5.3 Billion in Debt
QVC Group has initiated a prepackaged Chapter 11 bankruptcy filing to cut its debt load by over $5 billion. The company plans to maintain operations for its QVC and HSN brands throughout the restructuring process.
QVC Group Shares Collapse Amid Bankruptcy Restructuring Talks
QVC Group stock plummeted 66% following reports of creditor negotiations that could lead to a Chapter 11 bankruptcy filing. The company carries $6.6 billion in debt.