http://tinyurl.com/6zhu4f
It's important to note that the purchase seems to include only the VT operations in terms of physical plants:
The asset purchase agreement was accepted by CFM Corporation and approved by U.S. courts on June 30, 2008 and Canadian courts on July 3, 2008. CFM Corporation's U.S. and Canadian operations have been under creditor protection since April 9, 2008, when protective orders were granted under Canada's Companies' Creditors Arrangement Act and under Chapter 11 of the U.S. Bankruptcy Code. CFM Corporation has continued to carry on business during the restructuring period.
Under the terms of the purchase agreement, MHSC will acquire CFM Corporation's operations and assets in Bethel, Vermont and Randolph, Vermont. The assets purchased include plants, machinery, equipment, receivables, inventory, certain contracts and intellectual property, among other specific items. MHSC also acquires all shares held in the capital of CFM Mexico (Temcomex S.A. de C.V.).
It's important to note that the purchase seems to include only the VT operations in terms of physical plants:
The asset purchase agreement was accepted by CFM Corporation and approved by U.S. courts on June 30, 2008 and Canadian courts on July 3, 2008. CFM Corporation's U.S. and Canadian operations have been under creditor protection since April 9, 2008, when protective orders were granted under Canada's Companies' Creditors Arrangement Act and under Chapter 11 of the U.S. Bankruptcy Code. CFM Corporation has continued to carry on business during the restructuring period.
Under the terms of the purchase agreement, MHSC will acquire CFM Corporation's operations and assets in Bethel, Vermont and Randolph, Vermont. The assets purchased include plants, machinery, equipment, receivables, inventory, certain contracts and intellectual property, among other specific items. MHSC also acquires all shares held in the capital of CFM Mexico (Temcomex S.A. de C.V.).
