November 22,
2013 by in Acquisition, Bankruptcy, Industry 
As expected,
KPS Capital Partners is the winning bidder in the auction to acquire Furniture Brands
International's (OTC: FBNIQ) assets.
November 22,
2013 by in Bankruptcy, Industry
The federal government will be taking over $270 million of the pension obligations of Furniture Brands International.
November 21,
2013 by in Acquisition, Bankruptcy, Industry
Then, there was one. One bidder for Furniture Brands International's assets in the company's bankruptcy auction originally set for today. The auction has been cancelled because only one qualified bid was received by yesterday's deadline.
November 19,
2013 by in Bankruptcy, Furniture Retailing, Industry
Columbus, Ohio-based furniture retailer DFW has filed Chapter 11 bankruptcy and has begun closing stores.
November 19,
2013 by in Bankruptcy, Delivery, Industry
Parent company Furniture Brands International has closed Action Transport, the trucking subsidiary of Lane Furniture.
November 7,
2013 by in Bankruptcy, Industry
The outcome for the new owner of Furniture Brands International could come sooner than expected. The auction will now be held Nov. 21 instead of Dec. 10, which was the initial date set.
October 14,
2013 by in Bankruptcy, Industry
A U.S. Bankruptcy Court judge brushed aside objections Friday to paying bonuses to seven Furniture Brands International executives but capped the total possible payments at $3.5 million.