Briggs & Stratton files for bankruptcy amid restructuring effort

Briggs & Stratton Corporation, the company behind the well-known small engine brand, has filed for Chapter 11 bankruptcy in the U.S., but it appears the brand will survive. The Wisconsin-based engine manufacturer reported debt exceeding $1 billion in a St. Louis bankruptcy court on Monday. Coinciding with the filing, Briggs & Stratton announced a stock… Read More

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