Parking Company of America Airports (MIC +1.4%), the nation's top operator of off-site airport...

|By:, SA News Editor

Parking Company of America Airports (MIC +1.4%), the nation's top operator of off-site airport parking, files for bankruptcy on travel-related declines in business. Owner Macquarie Infrastructure plans to sell to private equity for $111.5M and eliminate $201M in debt.