Made now has a 10-day period when it is protected from creditor action, during which it plans to engage in final talks in hopes of agreeing a full or partial sale before administrators are brought in. I continue to believe that Made.com is a cautionary tale for Wayfair.
Well that escalated quickly. Is there any way out of this?
Unless Made finds someone to acquire them this will end with them going into history.
And that shoe dropped quickly!
Fire sale on aisle 7.
Mindblowing, a cautionary tale no doubt.