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

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