News

N.Y. firm buys Kingsbury for $3.1m

The last-minute $3.1 million sale of Kingsbury Corp.'s assets to Optimation Technology could not have been any better and it could have been worse, all parties agreed Monday in U.S. Bankruptcy Court in Manchester.The good news is that some 60…

USA Springs deal faces evaporation

Even though an attorney for the potential Swiss financial backers of USA Springs told creditors on Thursday that they could still bail out the company and pay off creditors with a $60 million loan, nobody in the bankruptcy court in…