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Instant Brands - maker of the Instant Pot - files for bankruptcy
(www.cbsnews.com)
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this post was submitted on 13 Jun 2023
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I was curious, so I checked. They have been owned by a PE firm (Cornell Capital) since 2019. Seems about par for the PE course.
Little better than pirates. They had to know monetary policy would change following the last several years of upsets.