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Tampa, Fla.-Based Anchor Glass Seeks Bankruptcy Protection.
From:
Knight Ridder/Tribune Business News
| Date:
April 16, 2002
| COPYRIGHT 2002 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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By Dave Simanoff, Tampa Tribune, Fla. Knight Ridder/Tribune Business News
Apr. 16--TAMPA, Fla.--Anchor Glass Container Corp. filed for bankruptcy protection Monday, even though the Tampa-based company's leaders say business is the best it's been in two decades.
The filing, which was negotiated with Anchor Glass' creditors and needs to be approved by U.S. Bankruptcy Court, allows the company to cut its debt burden by $50 million and reorganize the remainder of...
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