Ultimate Electronics Seeks Bids On Assets

Summary


THORNTON, Colo. -- Ultimate Electronics Inc. plans to seek bids from potential buyers for the bankrupt consumer electronics retailer at two auctions this week, the company said in a regulatory filing Wednesday.

Ultimate Electronics said it will seek bids for all or part of the assets of the 62-store chain and will research other sales methods as it tries to achieve the best value for shareholders.

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Extract


Ultimate Electronics Seeks Bids On Assets

"The company hopes to receive additional bids from qualified thir...

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