BKH Acquisition Corp.
BKH Acquisition Corp. has over 100 Burger King restaurants in Puerto Rico via Caribbean Restaurants. The company has been put on the Distressed Company Alert list by New Generation Research, Inc., give gave it a “low rating”. Credit analyst Olya Naumova said that S&P Global Ratings lowered its credit rating because of its credit crisis as well as the economic weakness in Puerto Rico.
BKH Acquisition Corp.
Mattress Firm
Everyone needs a mattress, though fewer people are buying it from Mattress Firm. On October 5, 2018, the company applied for Chapter 11. The financial difficulties came about thanks to an accounting scandal as well as “an onerous store footprint.” Mattress Firm said it wanted to put 700 stores on the market and halt operations in 200 more in the hopes of freeing itself from leases and restructuring.
Mattress Firm
