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KPS is sole bidder for Furniture Brands

2013-11-22 14:23:23| Furniture - Topix.net

Unless a bankruptcy court judge agrees with an objection that the sale of Furniture Brands International has taken place too quickly, the company's new owner will be KPS Capital Partners, a New York-base private equity firm that focuses on turning around troubled manufacturers.

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Auction of Furniture Brands' assets canceled; KPS is only bidder

2013-11-21 04:56:27| Furniture - Topix.net

KPS Capital Partners has emerged as the sole qualified bidder for bankrupt Furniture Brands International's assets, according to industry trade publication Furniture Today.

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Former Seretean Mansion On Missionary Ridge Goes Up For Sale Thursday To Highest Bidder

2013-11-16 16:07:45| Industrial Machines - Topix.net

Seretean/Brock home is at the top. At bottom is The Endless Views Estate, located at 1997 Emerald Pointe Drive in Soddy Daisy, which is also to be auctioned.

Tags: to sale thursday highest

 

BlackBerry gets ready to announce new bidder or seal deal with Fairfax

2013-11-04 14:45:19| InfoWorld: Top News

BlackBerry is expected to announce a definitive merger agreement with Fairfax Financial Holdings on Monday -- or present an alternative bidder to help get the company back on track, with the latter group including the likes of Qualcomm. Six weeks have passed since a consortium led by Fairfax announced it had bid approximately $4.7 billion for BlackBerry. The terms of the bid allowed for Fairfax to conduct a six week long due-diligence investigation that ends on Monday, while allowing BlackBerry to enter into negotiations with other bidders.

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KPS approved as FBI stalking horse bidder

2013-10-16 06:06:24| Furniture - Topix.net

KPS Capital Management emerged last week as the stalking horse bidder in the bankruptcy case of Furniture Brands International, pushing aside an earlier bid by Oaktree Capital Management that was backed by FBI.

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