Barzel Industries Inc., which filed for Chapter 11 bankruptcy protection in September 2009, has requested a fourth extension to file a reorganization plan as the company reviews its operating losses and completes a liquidation analysis.
Daniel Sullivan of Houlihan Lokey Howard & Zukin Capital Inc., Los Angeles, is a director of the investment bank that led the sale offer and auction process for Barzel Industries Inc., not a senior vice president, as reported in a Nov. 2 story.
Chriscott USA Inc. has agreed to pay $75 million for substantially all the assets of bankrupt distributor and tube producer Barzel Industries Inc., $10 million above the $65 million proposed in its asset purchase agreement, as it had to outbid a...
Chriscott USA Inc. and 4513614 Canada Inc. have offered the top bid of $65 million for substantially all the assets of Barzel Industries Inc., a steel distributor and tubing producer with facilities in the United States and Canada.
Barzel Industries Inc. has filed for bankruptcy protection, obtained debtor-in-possession (DIP) financing in order to continue operations, appointed a chief restructuring officer and has a stalking horse bidder lined up for its assets, according...
Barzel Industries Inc., a steel distributor and tubing producer, has been notified by the Nasdaq Stock Market that its common stock and warrants likely will be delisted as soon as Thursday because it remains out of compliance with a listing rule.
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