Marketing Co. Catalina Hits Ch. 11 With $370M Of Debt

By Vince Sullivan ( March 29, 2023, 7:12 PM EDT) -- Data-driven marketing firm Catalina Marketing Corp. filed for Chapter 11 protection in New York Wednesday, saying retail industry headwinds negatively impacted its bottom line in recent years, leading the company to pursue a restructuring of its American assets that will slash 70% of its $370 million of debt....

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