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Post# of 4975563
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Re: i_like_bb_stock post# 743022

Monday, 09/18/2006 10:39:02 AM

Monday, September 18, 2006 10:39:02 AM

Post# of 4975563
They are already cancelled..here is the story..
Oneida's common and preferred stockholders will not receive any distributions under the plan and their equity was cancelled as of the plan's effective date.
ONEIDA, N.Y., Sept. 15, 2006 (PRIMEZONE) -- Oneida Ltd. today announced that it completed its $170 million exit financing and emerged from Chapter 11 today as a privately held company. The company's new shareholders are led by Quadrangle Group LLC and also include JPMorgan, Litespeed Partners LLC, and D. E. Shaw Laminar Portfolios, L.L.C.

Oneida Ltd. and certain of its U.S. subsidiaries filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code on March 19, 2006.
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