Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
Troubled Internet retailer eToys filed for bankruptcy Wednesday and said it will shutter its Web site by the end of the day.
The company also said its stock, which last traded on the Nasdaq stock market at 9 cents per share before trading was halted last week, will officially be delisted Thursday. The firm filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in Wilmington, Del., where it is incorporated. It plans to end all operations by April 6.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in