BKH Acquisition Corp.
BKH Acquisition Corp. operates more than 100 Burger King joints in Puerto Rico. Sadly, they were also added to a list known as the Distressed Company Alert. The current crisis has something to do with ongoing credit issues and the economic problems of the place.
Mattress Firm
Unfortunately, our favorite mattress retailer recently applied for Chapter 11 bankruptcy. Part of it is due to an accounting issue. The company made the announcement that it will put 700 of its 3,500 stores on the market. They hope to turn things around by ending excessive leases and restructuring the company.