BKH Acquisition Corp.
BKH Acquisition Corp. runs over a hundred Burger King joints in Puerto Rico. Unfortunately, it made it to a list called Distressed Company Alert and received a “low rating”. S&P Global also downgraded its credit rating. A credit analyst said it was likely because of the economic problems Puerto Rico has been facing.
BKH Acquisition Corp.
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Mattress Firm
Mattress Firm filed for bankruptcy on October 5, 2018. The financial problems have been attributed to its accounting scandal and “an onerous store footprint.” It planned to put 700 stores on the market and stop operations in 200 more after the bankruptcy announcement. It is now trying to restructure.
Mattress Firm
