Tops files bankruptcy to get debt under control
AMHERST, N.Y. (WIVB) – Tops Markets LLC filed bankruptcy Wednesday morning, the first step in bringing the Amherst company’s stifling debt load, estimated at nearly a half billion dollars, under control.
Frank Curci, the CEO of Tops Friendly Markets, says that the company is filing for Chapter 11 bankruptcy.
“Today, Tops Markets has taken an important step to better position our business for long-term success,” Curci wrote. “We are pursuing a voluntary financial re
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