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Bankruptcy Law News
11/18/2009 9:46:35 AM EST
LexisNexis Bankruptcy Law Center Staff
Simmons bedding company files for Chapter 11
DOVER, Del. – (AP) Simmons Co., maker of Beautyrest mattresses, has filed for bankruptcy protection.
 
The privately held, Atlanta-based company filed a prepackaged Chapter 11 plan Monday in Delaware, listing assets between $500 million and $1 billion, and liabilities of more than $1 billion.
 
The bankruptcy plan, announced in September, would put new owners … Full version (available to lexis.com subscribers)

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