FACT Corp. (FCTOA.OB) Restructures Outstanding Debt

FACT Corporation operates through its wholly-owned subsidiary, Food & Culinary Technology Group Inc. The company develops and markets customized nutrition solutions for the global baked-goods industry. FACT sells specialty bake mixes to commercial producers who use these mixes to manufacture popular, health-friendly packaged baked goods. The company announced today that it has successfully negotiated a restructuring of the majority of its short-term debt with various creditors. [more...]

Date: 2009-09-16 13:59:26

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W3 Debt Solutions MBO

Crains Manchester reports that Chorley-based consumer debt group W3 Debt Solutions has undergone an??MBO fromits previous owner??Begbies Traynor. It said no price was given for the transaction and neither Begbies Traynor (AIM: BEG) nor W3 were available to confirm the deal. It said W3, which trades under the name of National Money Helpline [more...]

Date: 2008-11-20 16:17:48

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