Bender Secures Loan, Sells Assets

Thursday, November 05, 2009

According to a Nov. 4 report from www.al.com, attorneys for Bender Shipbuilding & Repair Co. reached an agreement Tuesday with creditors that will allow the bankrupt Mobile, Ala. company to borrow up to $6m while it tries to sell assets.

(Source: www.al.com)

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