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Online Bulk Grocery Seller Boxed Files For Bankruptcy

By
Ann Gehan
· · Source: The Information

The online bulk grocery retailer Boxed filed for Chapter 11 bankruptcy Sunday, becoming the latest company that went public during the SPAC boom to file for bankruptcy protection. Boxed, which was founded in 2013 and went public by merging with a special purpose acquisition company in December 2021, sought to sell itself ahead of its bankruptcy filing but couldn’t find a buyer. Boxed said in a...

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