Daily News: November 8, 2017

Vitamin World to Liquidate, SSG to Advise


Retailer Vitamin World filed for Chapter 11 protection with Wells Fargo providing DIP financing.

According to documents filed with the U.S. Bankruptcy Court of Delaware, Vitamin World originally intended to reorganize, but the plan failed and the company will liquidate substantially all of its assets. The court and Wells Fargo on behalf of the lenders have agreed to retain SSG Advisors to act as investment banker and manage the sale of the company’s assets.