iMedia Brands Files for Chapter 11 Bankruptcy in Delaware

iMedia Brands Inc. files for Chapter 11 bankruptcy protection in District of Delaware court, according to a court filing.

• Estimated liabilities: $100-$500m
• Estimated assets: $100-$500m
• NOTE: In May, iMedia Brands: Synacor Declared Events of Default Have Occurred
  • iMedia: Substantial Doubt About Going Concern

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Michael Sin at msin12@bloomberg.net

Eduard Gismatullin

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