Nielsen & Bainbridge LLC, doing business as NBG Home, files for Chapter 11 bankruptcy protection in the Southern District of Texas court, according to a filing.
- NBG Home sold the Nielsen & Bainbridge business to Crescent Brands in 2021
- Estimated liabilities: $100m-$500m
- Estimated assets: $500m-$1b
(Corrects story originally published Feb. 8 with year Crescent Brands purchased Nielsen & Bainbridge)
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