Thread regarding University of Phoenix layoffs

Is University of Phoenix in bankruptcy?

Anyone?

by
| 770 views | |
Post ID: @Y589ZKL

7 replies (most recent on top)

Morally?

by
|
Post ID: @Y589ZKL-ckb

Hopefully soon. They deserve it.

by
|
Post ID: @Y589ZKL-cdz

@Y589ZKL-spp and others, can you tell me which Apollo Global assets under management have gone bankrupt AFTER being taken over?

I see Linens 'n Things in 2008 was a high-profile $365M loss. It also looks like they lost money on Claire's.

Any others?

https://en.wikipedia.org/wiki/Linens_%27n_Things

https://www.bloombergquint.com/business/apollo-backed-claire-s-becomes-latest-retailer-to-go-bankrupt#gs.1kl1gs

by
|
Post ID: @Y589ZKL-pfh

Plenty of companies owned by Apollo have gone bankrupt. It's not about your assets, it's about not having enough cash flow to meet your obligations.

by
|
Post ID: @Y589ZKL-spp

Not in bankruptcy they have about $400 million to pay out in lawsuits and about $2billion in assets.

by
|
Post ID: @Y589ZKL-pbj

Not likely. It's part of Apollo Global Management.

by
|
Post ID: @Y589ZKL-uvw

Not. Yet.

by
|
Post ID: @Y589ZKL-jcb

Post a reply

: