Accentia Seeks Ch. 11 Shelter, Blames Credit Crunch
Accentia filed for bankruptcy Monday in the U.S. Bankruptcy Court for the Middle District of Florida, just a week after announcing it would not appeal NASDAQ's decision to delist it for failing to maintain the stock exchange's requisite $35 million minimum market value.
The Tampa, Fla.-based company said that, under its plan of reorganization, it intended to significantly decrease operating...
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