Dole Food IPO

Dole Food to go public in $500M IPO [2009/08/14, Pacific Business News]. Just noticed this morning. Dunno what to make of it.


Bankruptcy and unsecured debt

Southwest submits $170 mln binding bid for Frontier. Interesting to me mostly for the value offered to unsecured creditors. Noted here for future reference.

Southwest officials said their deal would give unsecured creditors 12 cents on the dollar, higher than the 8.7 cents per dollar outlined in a bid by Republic.