Tuesday, April 28, 2020

Hair Cuttery parent company to sell assets as part of bankruptcy reorganization plan

Creative Hairdressers Inc. — the affiliate of Vienna-based Ratner Cos. and operator of Hair Cuttery, Bubbles and Salon Cielo locations — has agreed to sell its assets as part of a plan to reduce its debt obligations under Chapter 11 bankruptcy. HC Salon Holdings Inc., an affiliate of Tacit Salon Holdings LLC, plans to buy all of Creative Hairdresser’s assets, including a majority of its salon locations. HC Salon Holdings, a senior secured lender for the local company, will also provide an undisclosed…



from https://www.bizjournals.com/baltimore/news/2020/04/28/hair-cuttery-parent-company-to-sell-assets-as-part.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/616642878559649792

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