Tweeter gets four-month exclusivity extension to analyze claims

By Caroline Salls

Pittsburgh, Oct. 9 - Tweeter Home Entertainment Group, Inc. obtained an extension to its exclusive periods to file a plan of liquidation and solicit votes on the plan, according to a Tuesday filing with the U.S. Bankruptcy Court for the District of Delaware.

The company's exclusive plan-filing period was extended to Feb. 6 from Oct. 9 and the solicitation period to April 7, 2008 from Dec. 8.

Tweeter said it needs more time to review and analyze claims against it and then to develop and negotiate a plan.

Tweeter, a Canton, Mass., consumer electronics retailer, filed for bankruptcy on June 11. Its Chapter 11 case number is 07-10787.

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