Pyxus Reportedly in Talks About Bankruptcy
- Financial News This Week
- May 20, 2020
- 0
- 1 minute read
Pyxus International has reportedly begun talks with creditors regarding a possible bankruptcy filing, according to an article in the Wall Street Journal.
The filing is potentially related to declining cigarette consumption and the Covid-19 pandemic following the company’s struggle to make headway in the cannabis and vapor sectors.