Sonder Holdings Inc., an online rental company that focuses on boutique apartments, is pursuing an out-of-court agreement with creditors in a last-ditch effort to avoid a bankruptcy filing, according to people familiar with the matter, who asked not to be identified discussing a private matter.
A media representative of Sonder declined to comment. A spokesperson for law firm Kirkland & Ellis, which is advising the company, didn’t immediately respond to an inquiry on Friday.
www.bloomberg.com
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