Chicago Cubs Files Chapter 11 Bankruptcy
According to an article in the Star-Telegram, the Chicago Cubs is filing Chapter 11 bankruptcy in an effort to make it easier to sell the sports team.
The article said:
“The team filed for bankruptcy in Delaware on Monday. The move was anticipated as the Tribune Co. looks to complete an $845 million sale of the team, Wrigley Field and related properties to the family of billionaire Joe Ricketts… The team’s brief stay in Chapter 11 …
Tags: Chapter 11 Title 11 United States Code Chicago Cubs Tribune Co Wrigley Field
Permalink: /chapter-11-bankruptcy/chicago-cubs-files-chapter-11-bankruptcy/



