Printer Friendly

GAYLORD CONSUMMATES PREPACKAGED PLAN

 GAYLORD CONSUMMATES PREPACKAGED PLAN
 DEERFIELD, Ill., Nov. 2 /PRNewswire/ -- Gaylord Container


Corporation (AMEX: GCR) announced today that it has consummated its prepackaged plan of reorganization. The company said that it has exercised its option under the prepackaged plan to consummate the plan, notwithstanding a pending appeal of the confirmation order.
 The company added that it has commenced distribution of the new senior subordinated notes, shares of Gaylord Class A common stock, warrants to obtain shares of Class A common stock and the accrued but unpaid interest on the new senior subordinated notes to its bondholders. The company said that the additional shares of Class A common stock and the warrants have been approved for listing on the American Stock Exchange. The ticker symbol for the warrants is GCRWS.
 Gaylord Container Corporation is a major national manufacturer and distributor of corrugated containers, containerboard, unbleached kraft paper, multiwall bags and grocery bags and sacks.
 -0- 11/2/92
 /CONTACT: Kathryn Chieger of Gaylord Container, 708-405-5645/
 (GCR) CO: Gaylord Container Corporation ST: Illinois IN: PAP SU:


SH-TS -- NY075 -- 1731 11/02/92 15:52 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 2, 1992
Words:182
Previous Article:BB&T NAMES OWEN TO BOARDS OF DIRECTORS
Next Article:U2'S ZOO T.V. GETS INTERACTIVE WITH PHILIPS CD-I
Topics:


Related Articles
GAYLORD REPORTS LOSS FOR THIRD QUARTER OF FISCAL 1992
GAYLORD FILES PREPACKAGED PLAN WITH APPROVAL OF BONDHOLDERS, BANKS AND EQUITY HOLDERS; FIRST-DAY MOTIONS APPROVED; OCT. 16 CONFIRMATION HEARING
GAYLORD CONTAINER REPORTS FILING OF NOTICE OF APPEAL
GAYLORD REPORTS LOSS FOR FISCAL 1992
GAYLORD REPORTS FIRST QUARTER FISCAL 1993 RESULTS
CHIEGER ELECTED VICE PRESIDENT-CORPORATE AFFAIRS AT GAYLORD CONTAINER
Gaylord to Issue Ten-Year Senior Notes
Gaylord Names Storat Corporate Affairs V.P.
Gaylord Container Confirms Merger Agreement Terminated.
Temple-Inland to buy Gaylord Container Corp.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters