Lenox changes name to CAC Group following asset sale

By Caroline Salls

Pittsburgh, March 24 - Lenox Group Inc. merged with a newly formed wholly owned subsidiary and changed its legal name to CAC Group Inc. following the completion of the sale of substantially all of its assets, according to an 8-K filed with the Securities and Exchange Commission.

As previously reported, Lenox completed the sale to LDG-Delaware Opco, Inc. on March 16. LDG is controlled by Lenox term loan lenders, including Clarion Capital Partners, LLC.

Eden Prairie, Minn.-based Lenox is a maker of tableware, collectibles and giftware. It filed for Chapter 11 bankruptcy protection on Nov. 23 in the U.S. Bankruptcy Court for the Southern District of New York, and its Chapter 11 case number is 08-14679.

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