Breed has plan to buy ... Breed

Sherefkin, Robert
April 2000
Automotive News;4/3/2000, Vol. 74 Issue 5868, p8
Trade Publication
Reports on an investor group's acquisition of Breed Technologies Inc., a major airbag supplier that filed for Chapter 11 creditor protection in the United States. Plans of the investor group led, by executives Johnnie Breed and Ernie Green, to create a minority-owned supplier; Green as chairman and chief executive officer of the acquired firm.


Related Articles

  • Financial woes close in on Breed.  // Automotive News;6/14/1999, Vol. 73 Issue 5824, p1 

    Discusses the financial problems at Breed Technologies Inc. Chief executive officer Johnnie Breed's role in expanding the company into supplier of airbags and seat belts; Total company losses posted since marketing the airbag technology; Customer Ford Motor Co.'s shift of contracts to Breed's...

  • Can CEO rescue breed from brink? Sherefkin, Robert // Automotive News;10/4/1999, Vol. 74 Issue 5841, p3 

    Focuses on Breed Technologies Inc. chief executive officer Johnnie Cordell Breed's efforts to resolve the automotive parts company's financial crisis as of October 4, 1999. Company background; Creditors' efforts to sell the assets of the company.

  • Johnnie Breed mounts bid to save her family's company. Sherefkin, Robert // Automotive News Europe;04/24/2000, Vol. 5 Issue 9, p23 

    Focuses on the bid submitted by Johnnie Breed, chief executive of Breed Technologies and EGI Inc. Chief Executive Ernie Green to purchase the assets of Breed. Terms of agreement; Options of the Breed Technologies from bankruptcy.

  • Will Banks Trigger Breed Blowout? Stuart, Scott // Mergers & Acquisitions Report;06/28/99, Vol. 12 Issue 26, p1 

    Reports that Breed Technologies Inc., a manufacturer of automotive safety components, met with the lead on its bank facility to negotiate an extended waiver on bank debt covenants. Approximate amount of debt; Lead banker for Breed; Strategic partners that could help the company resolve debt problem.

  • Breed will close plants, absorb hit on earnings. Sedgwick, David // Automotive News;11/10/1997, Vol. 71 Issue 5739, p61 

    Focuses on Breed Technologies Inc., an airbag manufacturer. The company to close some plants, eliminate jobs, and consolidate facilities in a global effort to cut costs; Breed's plans to issue convertible preferred stock to raise cash; The company's acquisition of automobile parts suppliers;...

  • Breed hits a pot hole.  // High Yield Report;03/22/99, Vol. 10 Issue 12, p1 

    No abstract available.

  • Auto supplier breeds trouble.  // High Yield Report;04/05/99, Vol. 10 Issue 14, p3 

    No abstract available.

  • Breed's debt problems could force it into sale. Chappell, Lindsay // Automotive News;7/5/1999, Vol. 73 Issue 5827, p6 

    Focuses on developments related to car airbag manufacturer Breed Technologies Inc. Background on the company's financial problems; Creditors' extension of the company's debt payment deadline.

  • GM keeps close watch on Breed belt production. Miller, Joe; Sherefkin, Robert // Automotive News;11/8/1999, Vol. 74 Issue 5847, p4 

    Reports on General Motors' efforts to ensure that its Lakeland, Florida-based supplier Breed Technologies Inc. keeps on producing seat belts on time. Background on Breed Technologies' bankruptcy.


Read the Article


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

Try another library?
Sign out of this library

Other Topics