Business
A Chicago firm that invests in distressed companies agreed on Friday to buy debt-ridden Nutri-System Inc., bringing closer to resolution a financial crisis that forced the closing of 282 company-owned weight-loss centers last week.
May 8, 1993
Obituaries
Passings: Michael Heisley, DJ Rashad
April 27, 2014
Michael Heisley, a billionaire businessman who moved the NBA’s Grizzlies from Vancouver to Memphis, dies at 77; DJ Rashad, a performer in Chicago clubs who helped usher in a wave of dance music known as footwork, dies at 34.
The confusion surrounding Nutri-System Inc., the debt-ridden chain of weight-loss centers, deepened Monday when its pending sale to a Chicago investment firm ran into unexpected opposition.
May 11, 1993
A Chicago investment firm took over management of debt-ridden Nutri-System Inc. on Wednesday after a bankruptcy court judge dismissed a trustee appointed to run the weight-loss company.
May 13, 1993
A Chicago-based holding concern Tuesday acquired the debt-ridden Nutri-System weight-loss company, ending Chapter 11 bankruptcy proceedings that had forced the temporary closure of 282 company-owned centers and disrupted operations of some Nutri-System franchises.
Dec. 29, 1993
Whittaker Corp. said it has entered an agreement in principle to sell its Heico Chemicals division to Cambrex Corp . . .
April 7, 1989
Any time now it is coming--a lotion that can painlessly, effectively melt flab from your stomach or your rump or your, well, you name it, without dieting or exercise.
Nov. 29, 1994
Distribution of packaged diet food to 857 franchises of bankrupt Nutri-System was guaranteed Wednesday in a settlement reported to a bankruptcy judge.
June 3, 1993
Best- and worst-performing industries and companies in each group, with closing stock price, for week ended Feb. 16.
Feb. 19, 1990