JumboSports files for extension - Brief Article

Discount Store News, Sept 6, 1999

TAMPA, FLA. -- JumboSports has asked the bankruptcy court in Tampa for a third extension of its exclusive period to file a plan of reorganization, citing the continued weakness of the sporting goods sector across the country. If approved, the deadline would be pushed back from Sept. 3 to Jan. 21, 2000.

The exclusive period would be extended to March 21. The company said about $13 million of its DIP financing facility remains available.

COPYRIGHT 1999 Lebhar-Friedman, Inc.
COPYRIGHT 2000 Gale Group

 

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