January 26, 2006 THE ASSET DISAGGREGATION STRATEGY: A METHOD TO FACILITATE MERGERS AND ACQUISITIONS
This article appeared in the January 2006 edition of Mergers & Acquisitions Magazine. Utilization of the Asset Disaggregation Strategy to remove troublesome assets involves a structured sale of the assets to a third party, typically at the time the transaction closes or immediately thereafter. The third party then takes control of the assets and monetizes them through various means, including a resale. Buyers and sellers find the strategy attractive because they recognize the benefits of conveying the work and risk to others.
December 8, 2005 HILCO REAL ESTATE ENGINEERS SUCCESSFUL SALE OF DURANGO-GEORGIA PAPER COMPANY ASSETS.
Hilco Real Estate and Bridge Associates Net Six-Fold Increase In Realization On Assets in Durango Georgia Paper Company Bankruptcy Estate Auction Distressed Paper Mill Property to be Transformed into Multi-Use Real Estate Development
October 21, 2005 GERMAN PROPERTY DEAL OF THE YEAR - KARSTADT / HILCO / DAWNAY DAY
August 23, 2005 HILCO & DAWNAY, DAY GROUP COMPLETE THE ACQUISITION OF 74 DEPARTMENT STORES IN GERMANY FROM KARSTADTQUELLE AG
March 2, 2005 HILCO RETAINED AS REAL ESTATE ADVISOR IN INTERSTATE BAKERIES CORP. CHAPTER 11 RESTRUCTURING
Chicago, IL – February 1, 2005 ... The U.S. Bankruptcy Court in the Western District of Missouri in Kansas City has approved the retention of Hilco Real Estate, LLC as real estate advisor in connection with the Chapter 11 restructuring of Interstate Bakeries Corporation [IBCIQ.PK]. Hilco will provide asset disposition and consulting services to IBC.
January 27, 2004 WILSONS THE LEATHER EXPERTS INC., BEGIN STORE CLOSING SALES AT 111 STORES, NATIONWIDE
Chicago, IL – January 27, 2004...Store closing sales have begun at 111 Wilsons The Leather Experts Inc., located in 30 states across the United States. The company will conduct business as usual at its other stores. Wilsons Leather is a specialty retailer of leather outerwear, sportswear, and accessories. More than $50 million of current inventory will be liquidated during the store closings. Original prices will be substantially reduced on every item in every department.
September 10, 2001 HOMELIFE SELL-OFF TARGET: $100 MILLION. CRAIN'S CHICAGO BUSINESS
Distressed property expert Hilco Real Estate LLC hopes to raise as much as $100 million for creditors of retailer HOMELIFE Corp., which is liquidating in Bankruptcy Court.