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Prospect News home > News index > List of issuers A > Headlines for Armstrong World Industries, Inc. > News item
Published on 7/21/2004 in the Prospect News Distressed Debt Daily.

Bear Stearns acquires $32.51 million in Armstrong World Industries claims

Washington, July 21 - Bear Stearns & Co. acquired two Armstrong World Industries Inc. claims valued at a total of $32.51 million from Silver Oak Capital LLC, according to filings Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

Armstrong World Industries, a Lancaster, Pa.-based flooring manufacturer, filed for bankruptcy on Dec. 6, 2000. The company's reorganization plan was confirmed Dec. 19, 2003.

Its Chapter 11 case number is 00-4471.


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