Point Blank close to getting bought out of bankruptcy - MiamiHerald....

08/29/11

Point Blank close to getting bought out of bankruptcy
MiamiHerald.com
Point Blank Solutions, the bankrupt and scanadal-plagued maker of body armor in Pompano Beach, seems ready to have a new owner. The Gores Group, a private equity firm in Los Angeles, won the right to be the “stalking horse” bidder in a bankruptcy sale ...
Point Blank Solutions Enters into Asset Purchase Agreement with The Gores GroupPR Newswire (press release)
Gores Group chosen "stalking horse" bidder for Point BlankReuters

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