News

Irving Tannery may be saved

18/05/2005

It seems that Irving Tannery, which filed for bankruptcy in March (see leatherbiz.com 23.03.05), may have been rescued at the eleventh hour.

The company is said to have signed a letter of intent to sell the company to an investment company for middle-market restructurings and turnarounds, Meriturn Partners LLP, for approximately $6 million.

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