Home | Business News | Browse by Publication | B | Business Wire

Buffets Holdings, Inc. Emerges from Chapter 11.

Publication: Business Wire
Publication Date: 28-APR-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Stronger and More Financially Secure Company Exits Reorganization Process with $257 Million in Financing

EAGAN, Minn. -- Buffets Holdings, Inc. today announced that it has emerged from Chapter 11 reorganization. After meeting all closing conditions to the Company's exit financing and to its Plan of Reorganization, which was confirmed by the U.S. Bankruptcy Court for the District of Delaware in an order entered on April 17, 2009, the Plan has now become effective.

In conjunction with its emergence from Chapter 11, Buffets today closed on $117.5 million in new first lien exit financing from...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Business Wire
Southwest Airlines Flight 1705 Passengers File Petition Against the Ai..., April 29, 2009
GAMCO Expects to Report First Quarter Earnings of $0.29 to $0.31 per d..., April 28, 2009
Buckeye Announces January - March Quarter Results.(Financial report), April 28, 2009
Anglo Swiss Resources Announces Option Grant., April 28, 2009
APS Hosting Workshop to Help Cities and Towns Obtain 'Stimulus' Funds ..., April 28, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.