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Tag Archives: Lane Furniture Industries

Furniture Brands bankruptcy judge picks higher bid

By Dennis Seid, Daily Journal A U.S. Bankruptcy Court tapped KPS Capital Partners as the stalking horse bidder for Furniture Brands International, which filed for Chapter 11 last month. KPS’ $280 million bid is $20 million higher than the one offered by Oaktree Capital Management, which had initially been favored by Furniture Brands to be its stalking horse bidder. A ...

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