Thursday, April 26, 2007

All American, New Century, Allied, Northwest Airlines, Tower: Bankruptcy

(Bloomberg) -- All American Semiconductor Inc., a semiconductor and electronic component distributor, will appear today in the U.S. Bankruptcy Court in Miami, Florida to ask permission to sell substantially all of its assets.

All American, which doesn't have a definitive agreement with a buyer, filed its Chapter 11 petition April 25, having signed an unidentified buyer to a non-binding letter of intent for the purchase of the business for an undisclosed price.


Read more at Bloomberg Bonds News

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