Quiksilver Inc. is preparing to file for bankruptcy as soon as Tuesday evening in a deal that would hand control of the beleaguered surfwear chain to investment firm Oaktree Capital Management, according to people with knowledge of the deliberations.

Sourced through Scoop.it from: www.bloomberg.com

Plan for the unforeseen circumstances; A legacy laid by Quicksilver will always be remembered by sports lover. 

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