Nebraska Book Company Plan Support Agreement
Nebraska Book Company filed with the US Bankruptcy Court on August 23, 2011 a motion for approval of a Plan Support Agreement between the Debtors, the 8.625% Noteholders, the AcqCo Noteholders, and Weston Presidio. Under the agreement, in exchange for Weston Presidio's support of the Plan, the Debtors have agreed to provide an enhanced package of New Warrants. The Court scheduled a September 7, 2011 hearing to consider the motion.
Borders Group July Revenue
Borders Group filed with the US Bankruptcy Court on August 23, 2011 its monthly operating report for July 2011 noting the a net loss of $238 million on $152.2 million in revenue.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.