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Exit Closed Oct 2001

U.S. Industries seeks buyers for non-core businesses after debt restructuring

Relationship map

Relationship map for U.S. Industries seeks buyers for non-core businesses after debt restructuringparent ofU.S. Industries Inc.: Operating CompanyUSU.S. Industries Inc.Rexair Inc.: Operating CompanyRIRexair Inc.
Operating Company

Parties

Acquirer
U.S. Industries Inc.
Operating Company
Target
Rexair Inc.
Operating Company

Summary

U.S. Industries restructured its and Rexair's debt, reacquired Rexair, and began accepting bids from potential purchasers of its businesses outside its core Bath & Plumbing operations.

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