Sports Authority Files Chapter 11 Bankruptcy, May Close All Stores Within 90 Days (Port Richey)

Sports Authority Files Chapter 11 Bankruptcy, May Close All Stores Within 90 Days (Port Richey)

Sports Authority, according to court documents, filed for Chapter 11 bankruptcy this morning. As part of the filing, Sports Authority agreed to financing terms to support $595 million in debt with an overall liability of $1.1 billion in the red. Those terms, according to sources, require that Sports Authority close 140 of its 650 nationwide stores […]

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