Weight Loss Brand Jenny Craig Considers Bankruptcy
- A bankruptcy filing could come as early as next week
- The company has been trying to re-work debt amid cash crunch
Photographer: Tim Boyle/Getty Images
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Jenny Craig Inc., the weight-loss services provider backed by H.I.G. Capital, is considering a bankruptcy filing if efforts to find a buyer for its assets fail, according to people with knowledge of the situation.
A filing could come as soon as next week, said the people, who asked not to be identified because the talks are private.