Eastern Hires Firm to Sell Mills Company to Find Suitor for Failing Lincoln, Brewer Facilities
Bangor Daily News › January 23, 2004
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Summary
BANGOR - A Connecticut firm is being retained to sell bankrupt Eastern Pulp and Paper Corp.'s two mills, and interested companies already are calling to find out more about the papermaker's operations.
Negotiations between lenders and Eastern Pulp officials yielded the decision to secure Fisher International, an investment consultation company, to ready the mills for sale and to market them to possible suitors. The company would provide detailed financial and operational information about Eastern Pulp upon request when interested buyers ask for it.See the full content of this document
Extract
Eastern Hires Firm to Sell Mills Company to Find Suitor for Failing Lincoln, Brewer Facilities
Eastern Pulp has received several calls from interested buyers, company owner Joseph Torras said Thursday. The mills would be sold at an auction in U.S. Bankruptcy Court in Portland, possibly by May.
Robert Keach, a Portland attorney representing the official committee of unsecured creditors, said Thursday the hiring of...See the full content of this document
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