OTHER NEWS - Nov. 10, 1995
<i> Times Staff and Wire Reports</i>
Bottler Gives Control to Note Holders: Seven-Up/RC Bottling Co. of Southern California said that, as part of a financial restructuring, holders of $140 million senior secured notes will surrender the debt in return for 98% of the Vernon-based bottler plus a portion of the cash proceeds from the sale of the company’s Puerto Rican facility. The company, the country’s largest independent Seven-Up bottler, reported a pretax loss of $11.3 million on sales of $330 million for the 12 months ending Sept. 30.
