Thursday, July 12, 2007

UPDATE 1-Collins & Aikman to sell Hermosillo plant to Ross

(Reuters) - Collins & Aikman, which filed for bankruptcy in May 2005,
is seeking U.S. Bankruptcy Court approval on Thursday to wind
down its operations and complete unit sales.




The purchase would add a key plant to the Ross joint
venture, which already has acquired Collins & Aikman units in
Europe and South America and is buying its soft-trim carpeting
and acoustics business.


Read more at Reuters.com Bonds News

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