Bankruptcy Court Approves Atrium Ch. 11 Plan
Judge Brendan L. Shannon of the U.S. Bankruptcy Court for the District of Delaware approved Atrium's reorganization plan in an order issued Wednesday.
Under the plan, Golden Gate Capital and Kenner & Co. will acquire 92.5 percent of the reorganized company’s new common stock when it emerges from Chapter 11, the company said in a statement.
Bondholders will receive the...
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