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- From: tclark@news.weeg.uiowa.edu (Terry Clark)
- Subject: Everex files for Cpapter 11 Bankruptcy
- Message-ID: <1993Jan6.122457.3150@news.weeg.uiowa.edu>
- Organization: University of Iowa, Iowa City, IA, USA
- Date: Wed, 6 Jan 1993 12:24:57 GMT
- Lines: 7
-
- From The Wall Street Journal (1/5/93):
- Everex Systems Inc. has filed for Chapter 11 bankruptcy protection.
- With annual sales of more than $500 million Everex recently estimated
- a loss of between $80 million to $120 million for fiscal year ending
- 8/2/92.
- Last month auditors questioned Everex's ability to continue
- as a going concern.
-