Ormet Files for Chapter 11 With $221 Million Offer From Wayzata - Fo...

02/26/13

Ormet Files for Chapter 11 With $221 Million Offer From Wayzata
Fox Business
Aluminum producer Ormet Corp. (ORMT) filed for Chapter 11 bankruptcy Monday to restructure its debt and execute a sale, potentially to private-equity firm Wayzata Investment Partners LLC. Wayzata is offering $221 million in debt forgiveness and cash ...

and more »

[more]