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Saturday, July 04, 2009

Bankruptcy Judge Grants Bison's Initial Ch. 11 Requests

A federal bankruptcy court judge today granted Bison Building Materials' opening requests under Chapter 11 protection, set a final hearing for July 15, and extended until Aug. 27 the deadline for Bison to reveal its financial plans and list of top unsecured creditors.

Today's News
Correct Sells Itself, Files for Ch. 11 Judge OKs Bison's First Ch. 11 Motions Stock Exits Ch. 11; Focus on 19 Markets Builders Indicate 'Cautious Optimism' BMHC Seeks To Reject Leases
more . . .

2009 ProSales 100 Released

Big Dealers See Sales Tumble
$28.5 billion in total sales is the lowest amount in five years. Only 15 on the list posted sales gains.

Stimulus Act, A to Z

See our sister publication's special issue on the American Recovery and Reinvestment Act of 2009 and the associated tax credits. Go to REMODELING Online

Know Your Own Strengths

"As an independent dealer, you learn real quick that there are a lot of bullies on the playground," longtime Florida-based independent dealer Don Magruder says. Here's how to fight back against the big guys, and win. More

Taking Stock

Click here for a list of stories, tables and other resources related to Stock Building Supply, both before and after The Gores Group took a 51% ownership share in the LBM operation on May 5.