BI-LO EMERGES FROM CHAPTER 11 GREENVILLE, S.C. — Bi-Lo said last week it has successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy protection. “Today is a great day for Bi-Lo, our teammates and our loyal customers,” Michael Byars, president and chief executive officer, said in a statement. “With our financial restructuring behind us, we are emerging from Chapter 11 with a strengthened balance sheet and enhanced financial flexibility that positions Bi-Lo ...
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