Standard Register Gets Extension by Creditors; Looks at Debt Restructuring or Possible Sale
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Standard Register Co. is preparing to make what is expected to be a dramatic move that could include restructuring debt or possible sale of the company.
In a filing with the U.S. Securities and Exchange Commission (Jan. 22), the Dayton-based company announced it was given an extension by creditors on meeting critical financial goals and hired three firms to assist in a major financial makeover.
Standard Register began speaking with its lenders late last year about changing financial arrangements, according to a December filing with the SEC.
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