Tupperware brings on Moelis & Co to help explore strategic alternatives


TUPPERWARE Brands Corp, which has warned of a possible bankruptcy, said on Monday it signed on investment bank Moelis & Co LLC to help explore strategic alternatives, and added it has also found additional prior period misstatements in its financial reporting.

Shares of the company, known for its bright-colored plastic airtight containers, fell more than 6% to $1.02 in premarket trading.

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Tupperware , bankruptcy , Moelis & Co

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