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Jun 16, 2013

Analysis: Why bankrupt W.R. Grace is thriving

/NEW YORK (Reuters) – A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S. specialty chemical manufacturer W.R. Grace & Co (GRA.N: Quote, Profile, Research, Stock Buzz) and its surging sales to the energy sector.

One of the longest bankruptcies in U.S. history, Grace filed for Chapter 11 protection in 2001 after an asbestos leak at one of its mines led to thousands of lawsuits against the company.

Jun 16, 2013

Why bankrupt W.R. Grace is thriving

/NEW YORK, June 16 (Reuters) – A company stuck
in bankruptcy for 12 years may not seem like much of a catch,
but investors have fallen in love with U.S. specialty chemical
manufacturer W.R. Grace & Co and its surging sales to
the energy sector.

One of the longest bankruptcies in U.S. history, Grace filed
for Chapter 11 protection in 2001 after an asbestos leak at one
of its mines led to thousands of lawsuits against the company.

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