Tupperware cancels auction

'A new day': Tupperware cancels asset auction, agrees to lender takeover
Tupperware agreed to sell its business to a group of lenders on Tuesday in an attempt to recover after filing for bankruptcy last month.
Tupperware agrees sale to lender group, cancelling planned auction
Bankrupt Tupperware Brands agreed yesterday to sell its business to a group of lenders for $23.5m (€21.7m) in cash and over $63m (€58m) in debt relief, cancelling its plans for an open-market auction of its assets.
Tupperware Lenders Challenge Bankruptcy Sale Procedure Efforts
A group of Tupperware Brands Corp. lenders objected to its latest proposal to solicit bids, saying the fallen food container-maker is trying to strip secured lenders of their right to credit bid.
Tupperware cancels auction, agrees to lender takeover
Bankrupt Tupperware Brands agreed on Tuesday to sell its business to a group of lenders for $23.5 million in cash and over $63 million in debt relief, canceling its plans for an open-market auction of its assets.
Tupperware Strikes Deal to Sell to Lenders in Bankruptcy
Tupperware Strikes Deal to Sell to Lenders in Bankruptcy
Tupperware Gets Deal to Avoid Liquidation After Judge Intervenes
Tupperware Brands Corp. hammered out a deal for its creditors to acquire the business, ending a dispute that’s risked a liquidation of the iconic company after a push from the federal judge overseeing the bankruptcy.
Tupperware will avoid liquidation after judge intervenes
Last week, Judge Shannon interrupted a court fight between Tupperware and lenders, asking lawyers from both sides to meet him ...
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Tupperware's $86.5 Million Rescue Deal with Lenders
Tupperware Brands will sell its business to lenders for $23.5 million in cash and $63 million in debt relief, avoiding an open-market auction. The company, burdened with $818 million in debt, is ...
Tupperware Brands To Sell Its Business To Group Of Secured Lenders
Tupperware Brands Corp. (TUPBQ) has agreed to sell its business to a group of secured lenders, including Stonehill Capital Management ...
BruntWork reveals how outsourcing could have prevented Tupperware’s bankruptcy
Warning signs appeared well before Tupperware filed for bankruptcy. In 2023, Tupperware acknowledged it might not survive ...
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Tupperware's Turnaround: Lenders to Acquire Iconic Brand Amid Bankruptcy Proceedings
Bankrupt Tupperware Brands has agreed to sell its business to a group of lenders for $23.5 million in cash and debt relief. The deal, announced during a bankruptcy court hearing, ends plans for an ...
Costco Just Brought Back Kitchen Kitsch With Their Retro Tupperware Sets
Speaking of which, one of Costco's newest product releases is, ironically, also a retro throwback. If you like kitsch in your ...
World Street | Tokyo Metro soars on debut, Starbucks slips, Tupperware agrees to takeover
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Tupperware Brands Corporation Reaches Agreement to Form The New Tupperware Company
Tupperware Brands Corporation ("Tupperware" or the "Company"), (OTC Pink: TUPBQ), an iconic global brand and consumer ...