American Tire Distributors Inc. emerged from Chapter 11 bankruptcy on Dec. 21 following the completion of its financial recapitalization.
The United States Bankruptcy Court for the District of Delaware has confirmed American Tire Distributors Inc.'s Plan of Reorganization. The company expects to complete its recapitalization and successfully emerge from Chapter 11 by the end of the year.
The votes are in. And they represent a very positive sign for American Tire Distributors Inc. (ATD).
In order to keep his customers in the loop during American Tire Distributors Inc.’s reorganization, CEO and President Stuart Schuette emailed out a quick update on the company’s recent business developments. They include clearing up some confusion about how some of its suppliers have reacted to the company’s Chapter 11 Reorganization bankruptcy filing.
American Tire Distributors Inc. (ATD) will begin shipping products out of a new 1-million-square-foot warehouse in Blakeslee, Pa., on Dec. 3, 2018.
American Tire Distributors Inc. (ATD) has reached an agreement in principle with holders of a majority of its term loans to support a restructuring plan that will reduce its debt by approximately $1.1 billion and increase financial flexibility.
Court filings show the 30 companies that American Tire Distributors Inc. (ATD) owes the most money. Not surprisingly, tire companies make up more than half of the list.
American Tire Distributors Inc. (ATD) has entered into a definitive agreement with a majority of its bondholders on the terms of a recapitalization. To implement the agreement, the company voluntarily filed for reorganization under Chapter 11.
American Tire Distributors Inc. (ATD) is enhancing its TireBuyer online sales platform to make it easier for consumers to buy tires online.
American Tire Distributors Inc. (ATD) has reached an agreement in principle with holders of more than 70% of its bonds on the terms of a recapitalization transaction that will reduce the company’s debt by up to $1.1 billion. It also will provide financial flexibility as it continues its ongoing transformation.
American Tire Distributors Inc. (ATD) has launched a $1 million ad campaign highlighting the work of its Tire Pros franchisees. The message is hassle-free customer service.
When CEO and President Stuart Schuette recently explained to American Tire Distributors Inc. associates why the company was downsizing its Field Support Center, the letter was long on strategic intiatives and short on details.
On July 23, the same day it released its first-half 2018 financial results, Groupe Michelin held an earnings call. One analyst asked about Michelin’s relationship with American Tire Distributors Inc. (ATD).