By Finance Pulse in Transformative —

Party City Files for Chapter 11 as Cash Reserves Plunge

Party City faces financial turmoil as cash reserves dip below $50 million, leading to a Chapter 11 bankruptcy filing. Explore the impact on cash flow and operations.

A somber depiction of Party City's storefront with faded signage, suggesting financial distress. The
Party City Files for Chapter 11 as Cash Reserves Plunge

By December 10, Party City's cash reserves fell below $50 million, prompting a Chapter 11 filing.

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