Brentwood health care company files for bankruptcy

Following months of financial struggles, negotiations with lenders and a CEO change, Brentwood-based AAC Holdings Inc. has filed for Chapter 11 bankruptcy. The parent company of American Addiction Centers made the filing Friday in the U.S. Bankruptcy Court for the District of Delaware. As part of the filing, AAC’s lenders have agreed to provide the company with $62.5 million of incremental financing aimed at reducing the company’s debt and provi ding financial stability for long-term growth,…
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