InPhonic Seeks Bankruptcy Protection During Its Sale
Washington Post - InPhonic , which sells wireless products and services, sought bankruptcy protection after it agreed to be bought by a private-equity firm. InPhonic listed assets of $120.9 million and debt of $179.4 million in Chapter 11 documents filed yesterday in
Source: www.washingtonpost.com

Market Mover
American Reporter - America does not need "Talk America" radio, in or out of bankruptcy, to advise liberal Democrats on all things at all times. America does not need political polls that do not reveal up front who paid for the poll. America does not need brand
Source: www.american-reporter.com

Italy transport minister: Alitalia could face bankruptcy if government
CNBC - ROME - Italy's largest airline, Alitalia SpA, could have to file for bankruptcy in a few months if government attempts to sell a controlling stake fail, the country's transport minister said Thursday. "If we're not able to sell Alitalia in an
Source: www.cnbc.com

Jays tells workers jobs may be lost
Chicago Tribune - Facing an "acute liquidity crisis," Jays filed for Chapter 11 bankruptcy protection Oct. 11 while also striking a tentative deal to sell its assets for $24.8 million to another snack food-maker, Pennsylvania-based Snyder's of Hanover. The deal is
Source: www.chicagotribune.com

Brasch Words
American Reporter - The cost for Andrew is estimated at $25 billion, according to the Red Cross; insurance payouts were about $15 billion of that; several companies went into bankruptcy. The Red Cross, at the scene before the hurricane hit, was still working with
Source: www.american-reporter.com

Levitz Furniture files for bankruptcy
CNN Money - NEW YORK (AP) — Home furnishings retailer Levitz Furniture said Thursday it filed for Chapter 11 bankruptcy in an effort to stay in business, despite a lack of cash. Levitz's request for reorganization under court protection is part of a strategic
Source: money.cnn.com