United Site Services, which owns 350,000 portable restrooms, filed for bankruptcy in New Jersey on Monday with a plan to eliminate $2.4 billion in debt and hand control to the company’s lenders.

USS, which is owned by private equity firm Platinum Equity Partners, said that a majority of the company’s lenders have agreed to support the restructuring plan. Despite the high level of support, one large holdout creditor opposes the plan and could pursue a path of “delay and litigation,” according to USS’ court filings.

  • FuglyDuck@lemmy.world
    link
    fedilink
    English
    arrow-up
    4
    ·
    2 days ago

    you jest, but imagine the captive audience for advertisments. Just lock the door until the add plays so they have to watch it.

      • FuglyDuck@lemmy.world
        link
        fedilink
        English
        arrow-up
        4
        ·
        edit-2
        2 days ago

        “That’s brilliant! you’re hired!” - Ye Old Porta John’s middle manager. “now. what should we call this advertisement stream…?”

        (edit: Fuck. they’re going to run with this, aren’t they?)