Pacific Rim expects March sale of assets.(Pacific Rim Imports (Seattle, Washington))(Brief article)

From: Home Accents Today | Date: April 1, 2007 | Copyright information

Staff

Bidding closed March 7 for the assets of Pacific Rim Import, the Seattle-based company which went into court-ordered receivership in February.

John Davidson, managing partner of Inverness Group, said earlier he expected to make an announcement about a sale before month-end, but at press time none had been made. Davidson said earlier bids were expected from both direct and indirect competitors interested in buying the company assets as well as some interested only in buying inventory.

The Pacific Rim offering is global, he said, including the company's customer ...

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