Merisant Worldwide gets four-month extension to exclusivity periods

By Caroline Salls

Pittsburgh, May 6 - Merisant Worldwide Inc. obtained an extension to its exclusive periods to file a plan of reorganization and solicit votes on the plan, according to a Wednesday filing with the U.S. Bankruptcy Court for the District of Delaware.

The company's exclusive plan-filing period was extended to Sept. 5 from May 8 and the solicitation period to Nov. 4, 2009 from July 7.

According to the motion, Merisant needs more time to complete the process of meeting with potential debt and equity investors to secure exit financing.

Merisant, a Chicago-based marketer of low-calorie tabletop sweeteners, filed for bankruptcy on Jan. 9. Its Chapter 11 case number is 09-10059.

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