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Bird files for bankruptcy after going public in 2021
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Bird files for bankruptcy after going public in 2021
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21st December 2023, 07:09
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,931
 |  Bird files for bankruptcy after going public in 2021 After laying off nearly a quarter of its staff last year, e-scooter rental company Bird has filed for Chapter 11 bankruptcy, the company announced. Existing lenders have agreed to purchase the assets and the company is being kept afloat via a $25 million loan from Apollo Global Management (Yahoo and Engadget's owner) and second-lien lenders, according to The Wall Street Journal. https://www.engadget.com/bird-files-...7.html?src=rss |
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