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Transportation Components Inc. (fka TUIC) RSS Feed

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==========FORMER NYSE DELISTED CHAPTER 11 SHELL PLAY LIKE STBP, GWOW, EGLP AND UCPC============== LATEST UPDATE FROM DELAWARE SOS 11/14/07: STATUS: IN GOOD STANDING AUTHORIZED SHARES: 3M http://investorshub.advfn.com/boards/read_msg.asp?message_id=24553370 OUTSTANDING SHARES 17.97M FLOAT 12.99M BOOK VALUE $5.59 http://finance.yahoo.com/q/ks?s=TUIC.PK DELAYED LEVEL II http://66.201.236.134/export/level2.jsp?symbol=tuic WHEN 2001 CHAPTER 11 WAS FILED, IT INCLUDED: Total Assets: $211,603,000 Total Debts: $118,273,000 http://investorshub.advfn.com/boARDS/read_msg.asp?message_id=24244376 from old filing....Upon consummation of the Mergers and completion of this Offering, the Company will have outstanding 16,262,611 shares of Common Stock. The 5,500,000 shares sold in this Offering (plus any additional shares sold upon exercise of the Underwriters' over-allotment option) will be freely tradeable without restriction unless acquired by affiliates of the Company. http://sec.edgar-online.com/1998/04/20/07/0000890566-98-000684/Section15.asp Tuesday, May 8, 2001 ...Transportation Components Inc., which operates as TransCom USA, has filed for Chapter 11 bankruptcy protection. The filings, made today in a Houston federal bankruptcy court will enable the TransCom group to continue normal businesses operations using its own internally generated cash and the proceeds of debtor-in-possession financing being arranged with the company's bank group. TransCom's Canadian subsidiary, Wes-T-Rans http://www.westrans.com/ , and its Amparts http://www.amparts.net/ operations in Mexico, are not included in the filings. But the Houston-based truck parts distributor said its domestic units are included in the filings. The company said several factors including a prolonged industry slump, declining sales, acute liquidity problems and a heavy debt load prompted the need to reorganize. http://www.bizjournals.com/houston/stories/2001/05/07/daily16.html GEN CAP AMERICA BOUGHT OUT NON-BANKRUPT SUBSIDIARY WES-T-RANS IN 2002 PER WES-T-RANS Wes-T-Rans Management Buyout of Corporate Spin-Off Wes-T-Rans is a leading provider of remanufactured truck parts as well as a distributor of a broad range of heavy-duty truck parts. The company is headquartered in Winnipeg and has branches in Regina, Thunder Bay, Dryden and Saskatoon. http://www.gencapamerica.com/page.asp?sid=1&page=4 The sale of substantially all operating assets resulted in approximately $44 million for creditors. Bridge continues to manage the remaining business affairs, including reconciling filed claims and pursuing potential preference actions. http://www.bridgellc.com/casestudies-22.html Bridge Overview Established in 1997, Bridge Associates LLC is a leading turnaround, crisis and interim management firm. Our clients are middle market and Fortune 500 companies in a wide range of industries. Attorneys, banks, equity funds, boards of directors and company executives turn to us for help when a business is facing financial or operational distress.
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