Cirque du Soleil files for bankruptcy protection

Founded in 1984, the Cirque set up big tops in more than 300 cities around the world, delighting audiences with enchanting contemporary circus acts set to music but without the usual trappings of lions, elephants and bears. – EPA pic, June 30, 2020.

CIRQUE du Soleil announced yesterday it is filing for bankruptcy protection and cutting thousands of jobs as the world’s most famous circus troupe seeks to survive the coronavirus pandemic.

Struggling with a debt of more than US$1 billion (RM4.1 billion), the Canadian group said its application would be heard by the Superior Court of Quebec today. If granted, the Canadian company will then seek bankruptcy protection in the United States.

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