TITLE

Icahn Masterstroke Secured Bid

PUB. DATE
July 2005
SOURCE
Home Textiles Today;7/11/2005, Vol. 26 Issue 42, p27
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the outcome of the auction for West Point Stevens Inc. in the U.S. Offer of businessman Wilbur Ross for a credit bid of West Point; Objection of bidder Carl Icahn to the proposition of Ross; Implication of the credit bid on the status of the company.
ACCESSION #
17583546

 

Related Articles

  • Judge Will Make WPS Call. Felgner, Brent // Home Textiles Today;6/20/2005, Vol. 26 Issue 40, p1 

    The article reports that the Tuesday's auction for WestPoint Stevens Inc. will likely spill over to this Friday's bankruptcy court hearing to decide myriad legal controversies before finally declaring a winner. No other bidders have publicly -- or even privately, for that matter -- been...

  • Judge OKs WPS Auction Process. Hogsett, Don // Home Textiles Today;4/25/2005, Vol. 26 Issue 32, p1 

    Reports on the approval of auction procedures that will lead to the sale of Textiles giant WestPoint Stevens Inc. in New York. Governance of the auction process; Schedule for the auction; Purpose of the sale of the company.

  • WPS Readies for Test.  // Home Textiles Today;6/6/2005, Vol. 26 Issue 38, p1 

    The article reports that the winner in the auction for WestPoint Stevens Inc. will come away with a sharply downsized company, free of debt and with a clear vision of its future. As a new owner appears on the horizon and the company anticipates its exit from bankruptcy, WestPoint is ready to...

  • Adelphia's Held Sale Talks. Farrell, Mike // Multichannel News;8/9/2004, Vol. 25 Issue 32, p3 

    Deals with the auction for Adelphia Communications Corp. in 2004. Advisers hired by the company to manage the sale process; Reason behind the auction; Speculations of analysts about the auction;Bidders and bid price.

  • Vivendi's Tactics May Be Stifling Interest. Sherman, Jay // Television Week;8/4/2003, Vol. 22 Issue 31, p3 

    Reports on the effects of the tactics being used by Vivendi Universal to sell its U.S. entertainment assets, on the interest of bidders. Efforts of Vivendi Universal to raise the price of its entertainment assets; Plan of some bidders to pull out from the auction; Withdrawal of...

  • Wheels come off BCA property deal. Clift, Patrick // EG: Estates Gazette;9/1/2007, Issue 735, p38 

    The article reports on the collapse of the sale of the British Car Auction's property portfolio after the increasing cost of debt that forced bidders to cancel the deal. It adds that Montagu Private Equity had instructed CB Richard Ellis to sell the 17 freehold sites, which comprise 170 acres...

  • WPS Creditors Battle At Deadline. Felgner, Brent // Home Textiles Today;6/6/2005, Vol. 26 Issue 38, p1 

    The article focuses on legal issues related to the bid deadline in the WestPoint Stevens Inc.'s auction. The two leading contenders for the bankrupt mill remain mired in a contentious legal battle challenging one another's rights and standing to prevail or, for that matter. even participate in...

  • Wrangling Over WestPoint. Felgner, Brent // Home Textiles Today;10/29/2007, Vol. 28 Issue 27, p4 

    The article reports on the deadline set on for the affiliates of Carl Icahn and the Steering Committee of First Tier Lenders of the old WestPoint Stevens Inc. to appeal a bankruptcy court order redistributing the sale proceeds from the 2005 auction of the bankrupt mill in New York. Meanwhile, a...

  • WPS Bidding Process Heats Up. Felgner, Brent // Home Textiles Today;6/13/2005, Vol. 26 Issue 39, p1 

    The article informs that no matter who else might show up at the textile industry firm WestPoint Stevens auction next week, the process will likely be punctuated by bids and overbids contingent on legal issues to be decided in a courtroom at least three days after the fact. That could make the...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics