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Article: Foamex Provides Update on Chapter 11 Case.
- Article from:
- Business Wire
- Article date:
- January 24, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Company Announces Results of Equityholders Vote; Files Plan Supplement With Bankruptcy Court
LINWOOD, Pa. -- Foamex International Inc. (FMXIQ) today announced that the equityholders voting on its Second Amended Joint Plan of Reorganization (the "Plan") have voted unanimously to accept the Plan.
Raymond E. Mabus, Jr., Chairman and Chief Executive Officer of Foamex, said: "We are pleased to have received the unanimous support of the equityholders who voted on the Plan. Over the past several months, we have worked diligently to address the interests of all our stakeholders in an effort to achieve the most value possible for all stakeholders. Today's ...