Windstar Cruises is Sold and Its Owner, Ambassadors International, Inc., Files for Bankruptcy
After a runup on its stock and then a halt in trading, Ambassadors International, Inc. has filed for Chapter 11 bankrupcty which includes the sale of Windstar Cruises as a going concern within 45 days. Ambassadors intends on continuing Windstar Cruises with no interruption in service. More specifically, it intends