While Hawker Beechcraft’s (HBC) preliminary reorganization plan filed June 30 details an exchange under which HBC’s creditors would take ownership of the company, executives told employees July 2 they are keeping all options open, including a potential sale. The reorganization plan and an accompanying disclosure statement was the next step designed to help the company move out from under nearly $2.5 billion in debt and emerge from Chapter 11 bankruptcy protection. The company filed ...
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