SkyMall Files For Bankruptcy — What Took So Long?

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    SkyMall has filed for Chapter 11 bankruptcy. File this under "what took so long?" Via CNBC: "Xhibit Corp, the publicly traded company behind SkyMall LLC and several other subsidiaries, said it's facing a severe liquidity crisis and would look to sell its assets as a going concern. Shares of Xhibit, which has a market cap of about $8 million, surged 43 percent on the over-the-counter market after the announcement. SkyMall, once the sole catalog provider for airline passengers, has faced increased competition from e-commerce providers, such as and" The post SkyMall Files For Bankruptcy — What Took So Long? appeared first on One Mile at a Time.

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