AMF merges to exit bankruptcy

AMF Bowling Worldwide filed for protection under Chapter 11 late last year with a $300 million debt load that was preventing it from making improvements to attract more customers. This week a bankruptcy judge approved a plan that will allows the merger of AMF with Bowlmor, New York based company that operates high-end bowling centers. The plan will pay first-lien holders in full and give second-lien holders an ownership in the new company.

For more read, “AMF Bowling plan to emerge from bankruptcy approved.

Speak Your Mind


This site uses Akismet to reduce spam. Learn how your comment data is processed.