|
Forward-looking intelligence allows you time to act. View this video on our restructuring content to see how you can benefit from our expertise.
| ||
NOT A SUBSCRIBER?Checker Motors heads for new garagePosted on June 5, 2009 12:47 PM
Taxicab maker Checker Motors Corp. has found a buyer willing to pay a $1.6 million fare for its assets. The former maker of the iconic Checker cab has struck a deal to sell its assets to VRL Inc. and Narmco Group LLC. Both buyers will also fork over an unspecified figure for inventory they're buying.
Lawyers for Checker will head to the U.S. Bankruptcy Court for the Western District of Michigan in Grand Rapids on June 9 seeking approval of the transaction, which will be carried out without an auction. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline.
Most searched keywords
|
|
EXISTING USERS Missing a product? |
Michael Crosby mcrosby@thedeal.com 212.313.9325 |
Martha Brown mbrown@thedeal.com 212.313.9218 |