Dynagear, Inc. Retains Dresner Investments to Seek Buyers for Selected Operating Units.Business Editors CHICAGO--(BUSINESS WIRE)--June 10, 2002 Dynagear, Inc. (the "Company"), a diversified manufacturer of automotive components, announced today that it has retained Chicago-based Dresner Investment Services, Inc. ("Dresner Investments") as financial advisor in connection with the sale of selected operating units and affiliates of the Company. The selected operating units, consisting of eight distinct business units, generated sales of approximately $100 million in 2001. The core business of the Company is the manufacture and sale of timing components, which include gears, sprockets and chains. These products are sold to original equipment manufacturers, engine products distributors and major auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
On April 24, 2002, the Company filed a voluntary petition for relief under Chapter 11 of the US Bankruptcy Code Bankruptcy Code may refer to:
pollack or pollock Either of two commercially important North Atlantic species of food fish in the cod family (Gadidae). , Joe Kacergis or Jordan Levin at Dresner Investments directly:
Dresner Investment Services, Inc.
20 North Clark Street, Suite 3550
Chicago, Illinois 60602
Telephone: 312-726-3600
Facsimile: 312-726-7448
http://www.dresnerco.com
Dynagear, Inc. and its affiliates manufacture engine components for the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. through seven manufacturing facilities in the US, Canada and Mexico. Founded in 1975, the Company is headquartered in Downers Grove, Illinois Downers Grove is an affluent suburb located 19 miles (31 km) west of Chicago in DuPage County, Illinois. The population was 48,724 at the 2000 census. . Dresner Investment Services, Inc. is a Chicago-based NASD-registered broker dealer providing investment banking services to middle market businesses throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Founded in 1991, the firm specializes in merger & acquisition advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal and institutional private placements of debt and equity for both privately held and publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , as well as valuations, fairness opinions and related consulting engagements. |
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