Tweeter to change name to TWTR following asset sale

By Caroline Salls

Pittsburgh, Jan. 17 - Tweeter Home Entertainment Corp. plans to change its name to TWTR, Inc., according to a Thursday filing with the U.S. Bankruptcy Court for the District of Delaware.

Tweeter said it received a 180-day non-exclusive royalty fee right and license to the Tweeter name when it agreed to sell substantially all of its assets, and now it is changing its name to TWTR from Tweeter.

Under the sale agreement, the Tweeter name was to be used solely for the wind down of the company's business and the liquidation of its assets.

A hearing on court recognition of the name change is scheduled for Feb. 5.

Tweeter, a Canton, Mass., consumer electronics retailer, filed for bankruptcy on June 11, 2007. Its Chapter 11 case number is 07-10787.

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