Interstate Bakeries Gets Ok for Financing Deal
Deseret News (Salt Lake City) › November 08, 2007
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Summary
Interstate Bakeries Corp. won court approval of a financing deal potentially funding its reorganization and establishing a process to let rival companies bid for the maker of Wonder Bread and Twinkies.
U.S. Bankruptcy Judge Jerry W. Venters in Kansas City, Mo., today approved the proposal to name an affiliate of hedge-fund manager Silver Point Capital LP as the so-called stalking horse bidder. Silver Point is offering as much as $400 million in reorganization funding.See the full content of this document
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Interstate Bakeries Gets Ok for Financing Deal
"We have a very good product we are able ...
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