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Article: Nortek, Inc. Receives Court Approval for First Day Motions and to Pay Trade Creditors in Full in the Normal Course.
- Article from:
- Economics Week
- Article date:
- November 13, 2009
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Nortek, Inc. ("Nortek") announced that it and its domestic subsidiaries (together, the "Debtors") received approval from the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") of several first-day motions, including interim authorization to pay trade creditor balances that were incurred prior to the Debtor's chapter 11 filings on October 21, 2009. New trade balances will be paid in the ordinary course of business. The Bankruptcy Court also authorized the Debtors to pay all salaries and wages to their employees earned and unpaid as of the filings. The Court also approved the Debtor's ability to honor all customer programs, including ...
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Article: Nortek To Acquire Ply Gem
PR Newswire;
July 24, 1997 ;
700+ words
... ... R.I., July 24 /PRNewswire/ -- Nortek, Inc. (NYSE: NTK) announced today ... Inc. (NYSE: PGI) pursuant to which Nortek will acquire all outstanding shares of ... common stock for $19.50 per share. Nortek will pay approximately $310 million to ...
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