Florida Stage Files for Bankruptcy
Posted on Oct 21, 2011 9:25pm PDT
Florida Stage has reportedly filed for Chapter 7 bankruptcy. According to reports, the business listed debts at more than $2.7 million while assets were only listed at $367,330. The theater has reportedly been in business for about 24 years, but shut down earlier this June. The company suffered from low ticket sales and weak donations after it moved locations.
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