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WeightWatchers readies to file for bankruptcy in coming months, WSJ says

WW International, also known as WeightWatchers (WW), is getting ready to file for bankruptcy in the coming months as part of a plan to give control of the company to its creditors, the Wall Street Journal’s Alexander Gladstone reports, citing people familiar with the matter. The business, which faces financial pressure and disruption from the rise of new weight-loss drugs, is still in talks with a key group of lenders and bondholders, the author notes.

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