Hilco Consumer Capital and Gordon Brothers Brands Announce Closing of Polaroid Sale and Appointment of New President

MINNETONKA, Minn., May 7 /PRNewswire/ -- Today marked the closing of the sale of substantially all assets of Polaroid, including the Polaroid brand, intellectual property, inventory and other assets, to a joint venture led by Gordon Brothers Brands, LLC ("GBB") and Hilco Consumer Capital, L.P. ("HCC"). The Federal Bankruptcy court for the district of Minnesota had earlier approved the sale on April 16, 2009. Polaroid's new owners...(read more)

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Mon, 2009-05-11 08:45