Instant Brands to gauge sale offers in Chapter 11 bankruptcy
Bloomberg News
Instant Brands Inc., the maker of Instant Pot and Pyrex kitchenware, will solicit offers to sell the business in bankruptcy. It is also considering alternative transactions to restructure more than $500 million in debt on its balance sheet, a company lawyer said late June 13. Instant Brands lawyer Brian Resnick said during a virtual court hearing […]