Court Approves Distribution of Cinram Sale Proceeds
C International Income Fund (formerly Cinram) announced that it has, among other things, received court approval to distribute a portion of the proceeds from the sale of its assets and businesses.
Archive of posts tagged Cinram International Income Fund
Cinram Seeks Court Approval to Distribute Proceeds
C International Income Fund (formerly Cinram) announced that it is, among other things, seeking court approval to distribute proceeds from the sale of its assets and businesses.
Najafi Completes Cinram NA Purchase
Cinram International Income Fund announced that it has completed its sale of its North American operations to Najafi Companies.
Cinram Suffers $91.8 Million Loss in Second Quarter
Cinram International Income Fund announced its second quarter 2012 financial results.
US Courts Approve Cinram Sale to Najafi
Cinram International Income Fund announced that the U.S. courts have approved its sale to Najafi Companies.
Pennsylvania Senator Pleads for Cinram Jobs
U.S. Senator Robert P. Casey, Jr. is asking Najafi Companies, the new owner of Cinram, to preserve the optical disc replicator’s 500 member workforce in Olyphant, Pennsylvania.
Ontario Court Approves Cinram Sale to Najafi
Cinram International Income Fund announced that the Ontario Court of Justice has approved its sale to Najafi Companies.
Moody’s Downgrades Cinram
Moody’s Investors Service announced that it has downgraded the Probability of Default Rating (PDR) for Cinram International to D from Caa3 as a result of its filing for reorganization under the Companies’ Creditors Arrangements Act (CCAA).
Najafi Companies to Acquire Cinram
Cinram International Income Fund announced that Najafi Companies plans to acquire its assets and businesses in the United States, Canada, the United Kingdom, France and Germany.
Toronto Stock Exchange to Delist Cinram
Cinram International Income Fund announced that, as of the close of business on July 16, 2012, it will no longer be traded on the Toronto Stock Exchange.
Lenders Cut Cinram Some Slack
Cinram International Income Fund announced that its first and second lien senior lenders have once again agreed to extend their waiver of certain financial covenants.