Sun Capital to Reclaim Friendly's From Bankruptcy - Wall Street...

12/29/11

Sun Capital to Reclaim Friendly's From Bankruptcy
Wall Street Journal
However, a delay for marketing gave unsecured creditors time to battle the private-equity firm into a settlement in litigation over Sun's right to credit bid, meaning to bid its debt in lieu of cash. Sun will assume many of Friendly's liabilities as it ...

[more]