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Furniture Brands reaches pension settlement

2014-04-08 20:01:57| Furniture - Topix.net

Furniture Brands Wind Down Inc., the remnant of bankrupt Furniture Brands International, has reached a deal with its creditors and the federal Pension Benefit Guaranty Corp. The settlement, which still needs court approval, has the PBGC reducing its claim against the company from $340 million to $300 million.

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