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Home Interiors & Gifts, Inc. Requests Court Approval to Commence Sale Process to Sell the Company's Operating Entities; Company Continues to Conduct Business Operations.

Publication: Business Wire
Publication Date: 22-SEP-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
DALLAS -- Home Interiors & Gifts, Inc. will seek approval from the U.S. Bankruptcy Court, Northern District of Texas, to sell the company's operating entities. The board of directors determined that a sale of assets at market value will yield the highest and best return for stakeholders. The company has petitioned the Court for approval to employ investment banking firm Houlihan Lokey Howard & Zukin Capital, Inc. to manage...

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