Tupperware strikes a deal to sell its business just weeks after filing bankruptcy
(CNN) - Tupperware has agreed to sell itself to a group of lenders just weeks after filing for Chapter 11 bankruptcy. The company, known for its plastic food storage containers and sale parties, announced the tentative agreement on Tuesday. Under the deal, Tupperware says it will get $23.5 million in cash as well as $63 million in debt relief.
Tupperware aggress to sell itself to lender group after filing for bankruptcy
OSCEOLA COUNTY, Fla. — Embattled storage container company Tupperware has agreed to sell itself to a group of lenders. This comes weeks after Tupperware filed for Chapter 11 bankruptcy. Under the deal, the company will receive $23.5 million in cash and $63 million in debt relief.
Tupperware cancels auction, agrees to lender takeover
NEW YORK, Oct 22 (Reuters) - Bankrupt Tupperware Brands agreed on Tuesday ... plans for an open-market auction of its assets. The food storage and kitchen products company announced the deal ...
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 Strikes Deal to Sell to Lenders in Bankruptcy
Tupperware Brands agreed to sell the business in a deal that would preserve its brand name and some of its core assets.
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.
The Dollar Tree Product That'll Help Organize & Declutter Your Plastic Food Containers
We love an affordable hack that allows you to optimize your storage space, especially when it comes to difficult-to-organize ...
Forbes6d
Tupperware Brands
Its brands and categories include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand and beauty and personal care products through ...
Tupperware Bankruptcy
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Yahoo Finance29d
Tupperware Debt Spat Threatens Door-to-Door Workers
(Bloomberg) -- Tupperware’s first day in bankruptcy court hit a sour note as a spat between lenders and the 78-year-old company that’s synonymous with storing leftovers threatens the ...
The Boston Globe24d
In appreciation of Tupperware: It burps, it stores, it deserves our respect
If you saw her, you would recognize her. This is the Wonderlier bowl, made by Tupperware. The company, which has been in the business of helping us save leftovers since 1946, recently announced it ...
Reuters29d
Tupperware regains access to cash for upcoming payroll
NEW YORK, Sept 25 (Reuters) - Tupperware Brands Corporation on Wednesday reached a short-term deal with lenders opposed to its bankruptcy strategy, restoring the food container maker's access to ...
The Globe and Mail3d
Tupperware Brands cancels auction, agrees to lender takeover
Bankrupt Tupperware Brands agreed on Tuesday to sell ... cancelling its plans for an open-market auction of its assets. The food storage and kitchen products company announced the deal at a ...
‘A new day’ for Tupperware? Iconic brand reaches deal to preserve its name
“Tupperware is considered the inventor of the party selling model and made no-leak food conservation products famous,” said ...