Aug 21, 2019
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Corinthian College Inc.'s decision to shutter a dozen of its Everest schools will affect more than 3,400 students, the for-profit-school operator confirmed Monday.
The manufacturer of Anchor- and Oneida-branded kitchen products won't be declared in default on its debt for at least another week as negotiations continue with lenders, owed more than $260 million.
The operations of the former Constar International Holdings are in the hands of new owners, but bankruptcy-court action is heating up as creditors look to collect damages from the company's demise.
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