PITTSBURGH–(BUSINESS WIRE)–Horsehead Holding Corp. (Nasdaq:ZINC) announced today that it and
certain of its subsidiaries (collectively, the Company) have filed
voluntary petitions for relief under Chapter 11 of the United States
Bankruptcy Code in the U.S. Bankruptcy Court for the District of
Delaware (the Bankruptcy Court).
Jim Hensler, President and Chief Executive Officer of the Company, said:
The actions we are announcing today represent an important step that we
believe will allow us to restructure the Companys balance sheet for the
long-term. Filing for Chapter 11 protection is the best available option
to preserve stakeholder value. We inten…
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