Major Amazon Seller Thrasio Enters Ch. 11 To Cut $500M Debt

By Emlyn Cameron and Hilary Russ (February 28, 2024, 11:02 AM EST) -- Thrasio Holdings Inc., a consumer goods company that is one of Amazon's largest third-party sellers, announced Wednesday that it entered Chapter 11 bankruptcy in New Jersey with the aim of cutting nearly $500 million in debt while bringing in more capital....

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