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Telescope Maker Meade Instruments Will Seek Sale: Lawyer

Dec. 11, 2019, 6:52 PM

Meade Instruments Corp. will seek to sell itself through a bankruptcy court-supervised sale process, a lawyer for company says in a status conference Wednesday.

  • The telescope maker has reached out to Force 10 Partners about engaging firm to market the business, lawyer says
  • Hearing on first-day motions set for Thursday at 11 a.m. PST
  • PREVIOUSLY: DISTRESSED DAILY: Telescope Maker Didn’t See This One Coming
  • The case is Meade Instruments Corp., 19-bk-14714-CB, U.S. Bankruptcy Court Central District of California (Santa Ana)

To contact the reporter on this story:
Jeremy Hill in New York at jhill273@bloomberg.net

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