Retail Industry
Industry: Email Alert RSS FeedFAQ emerges from Chapter 11 - Market Watch - bankruptcy - Brief Article
DSN Retailing Today, May 5, 2003
KING OF PRUSSIA, PA -- FAQ Inc. announced recently that it has emerged from Chapter 11 bankruptcy protection and that its confirmed Plan of Reorganization has now become effective. As part of its Plan of Reorganization, the company has closed on the sale of $30 million of convertible preferred stock to a group of investors led by Kayne Anderson Capital Advisors.
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