Thursday, April 25, 2013

The Daily Docket: Synagro Enters Bankruptcy

Waste processor Synagro Technologies Inc. filed for Chapter 11 bankruptcy protection Wednesday with an offer in hand to be acquired by an affiliate of Swedish private-equity firm EQT. Read the Daily Bankruptcy Review article here. (Daily Bankruptcy Review and DBR Small Cap are daily newsletters with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit our homepage, scroll to the bottom and click “try for free.”) With top executives’ pay a hot-button topic, some companies in Chapter 11 are simply keeping the information out of the view of creditors and anxious employees. Read the DBR article via The Wall Street Journal. The company that bought the Twinkie, Ho Ho and Ding Dong brands out of bankruptcy is gearing up to reopen plants and hire workers, but it won’t be using union labor, DBR reports via WSJ. read more at:http://blogs.wsj.com/bankruptcy/2013/04/25/the-daily-docket-synagro-enters-bankruptcy/

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