AeroCentury slumps 40% after filing petition for Chapter 11
Mar. 30, 2021 12:37 AM ETAeroCentury Corp. (ACY)By: Mamta Mayani, SA News Editor12 Comments
AeroCentury (NYSEMKT:ACY) plummets 40% after-hours in reaction to an announcement that the company and certain of its subsidiaries have commenced a voluntary case under Chapter 11 of title 11 of the U.S. Code in the U.S. Bankruptcy Court for the District of Delaware.
The Company has determined that the Chapter 11 process is the most