Winn-Dixie makes initial stock distribution to unsecured creditors

By Caroline Salls

Pittsburgh, Dec. 21 - Winn-Dixie Stores, Inc. made the initial distribution of its new common stock to pre-bankruptcy unsecured creditors under the company's plan of reorganization, according to a company news release.

The new common stock currently trades on the Nasdaq Global Market on a when-issued basis under the symbol WINNV.

The company said it expects the stock to begin trading under the symbol WINN shortly.

Winn-Dixie has selected American Stock Transfer & Trust Co. to serve as the transfer agent for its new common stock.

Winn-Dixie, a Jacksonville, Fla., supermarket company, filed for Chapter 11 on Feb. 21, 2005 in the U.S. Bankruptcy Court for the Southern District of New York. The case was later transferred to the U.S. Bankruptcy Court for the Middle District of Florida. Winn-Dixie emerged from bankruptcy on Nov. 21.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.