Lasik Vision Institute, TLC Laser Eye Center Operator Files for Bankruptcy

Source: Wall Street Journal

Vision Group Holdings, the management company behind two leading LASIK surgery brands, filed for bankruptcy protection and launched a sale process aimed at placing the business into new hands as its surgical centers reopen, according to a Wall Street Journal report.

Carrying $160 million in debt, Vision, the holding company operator of the LASIK Vision Institute and TLC Laser Eye Center chains, said it filed for chapter 11 on Friday over the “temporary and devastating shutdown” of the company’s roughly 120 LASIK centers due to the Covid-19 pandemic.

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