Oriental Trading Exits Chapter 11
Posted on Apr 13, 2011 5:15pm PDT
Oriental Trading Co. has reportedly exited Chapter 11 bankruptcy. The company has announced that they are out of
bankruptcy that they originally filed for in August 2010. The company has reportedly reduced its debt about 70%%. Now, Oriental Trading reportedly has new owners comprised of about 15 financial institutions with none of them retaining a majority stake.
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