Thursday, July 02, 2009

U.S. Bankruptcy Court okays sale of Milacron to investor group

Milacron Inc., a leading global supplier of plastics-processing technologies and industrial fluids, announced that the U.S. Bankruptcy Court in its Chapter 11 proceeding has approved the sale of compaany to a group of existing investors led by Avenue Capital Group and DDJ Capital Management LLC, in keeping with a previously announced agreement.

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