NexCen Brands (NEXC) Hires Advisor To Explore Strategic Alternatives, Continues Talks With Lenders
NexCen Brands (NASDAQ: NEXC) engaged N M Rothschild & Sons Limited to explore strategic alternatives, including the possible sale of one or more of its businesses.
Management also confirmed today that active discussions continue with the Company's lender regarding possible amendments to the bank credit facility as well as with other potential lenders regarding additional financing.
In addition, NexCen today announced actions to streamline the Company’s operations, including a headcount reduction at its New York headquarters.
Management also confirmed today that active discussions continue with the Company's lender regarding possible amendments to the bank credit facility as well as with other potential lenders regarding additional financing.
In addition, NexCen today announced actions to streamline the Company’s operations, including a headcount reduction at its New York headquarters.
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