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United Furniture auction yields no new bidder

United Furniture auction yields no new bidder
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United statesDerek hendersonSelene maddoxDavid belfordWells fargoUs bureau of labor statisticsHanes hosiery mills coPhoenix acquisition for the united furniture industriesWells fargo coReal estatePhoenix acquisitionUnited furniture industriesHanes hosiery millsMill roadLane home furnishingsJudge selene maddox

United Furniture bankruptcy sale set for July 25

United Furniture bankruptcy sale set for July 25
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Historic Weeks plant may gain new owner in auction

Historic Weeks plant may gain new owner in auction
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Minimum bid for United Furniture assets set at $65 million

Minimum bid for United Furniture assets set at $65 million
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United statesDerek hendersonb rileyUnited furniture industriesPhoenix acquisitionLane furnitureReal estateNortheast mississippiDerek henderson

United Furniture selling Mississippi properties following bankruptcy filing

United Furniture has entered a stalking horse purchase agreement with Phoenix Acquisition LLC regarding the sale of all its properties, setting the value of the company’s assets at $65 million. Over six months have passed since Wells Fargo and two additional creditors pressed for United to file Chapter 7 bankruptcy,.

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