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Palmer Johnson Inc "Alive and Kicking" according to CEO Friedman


Stating that a recent article on ibinews.com "implied that Palmer Johnson Inc of Sturgeon Bay is on its last legs," CEO Phil Friedman said in a press release issued today that this is far from the truth. Friedman said in the press release that, following Palmer Johnson Inc's March 8 filing for Chapter 11 bankruptcy protection, "he expects to complete reorganization, find new capital, and emerge from that protection strengthened and in better operating condition than at any time in the past ten years."   more...


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