Printing Co. Gets OK On Ch. 11 Plan, $19M Sale To Rival

Law360, Wilmington (July 24, 2013, 6:30 PM EDT) -- Private equity-owned commercial printing company TPO Hess Holdings Inc. on Wednesday won both confirmation of its Chapter 11 plan, which will fully repay senior creditors, and approval of its sale for $19 million to rival firm Bang Printing of Ohio Inc.

U.S. Bankruptcy Judge Kevin J. Carey approved both the sale and the plan after hearing that the parent of D.B. Hess and The Press of Ohio, which are also part of the bankruptcy case, canceled its Chapter 11 auction set for July 10 and went...
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