Fountain Powerboat files Chapter 11, seeks to sell inventory to avoid liquidation -

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Fountain Powerboat files Chapter 11, seeks to sell inventory to avoid liquidation

Fountain Powerboat files Chapter 11, seeks to sell inventory to avoid liquidation

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08-25-2009, 04:02 PM

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Fountain Powerboat files Chapter 11, seeks to sell inventory to avoid liquidation

Fountain Powerboat Industries Inc. , whose sleek, fast offshore sport and fishing boats marked the cutting edge in North Carolina boat manufacturing, has filed for Chapter 11 bankruptcy reorganization.

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