JUST IN: Game over for Norwalk Furniture?

NORWALK Norwalk Furniture is on the ropes and the question is whether it is game over.
Sandusky Register Staff
May 24, 2010

NORWALK

Norwalk Furniture is on the ropes and the question is whether it is game over.

Charles Rowe Jr., president of IRG Capital Group, one of the two private equity firms that recently backed out of negotiations to purchase the furniture company, said it is unlikely Norwalk Furniture will be able to overcome the $11 million debt owed to its bank.

Read more about the Norwalk Furniture saga in Saturday's Register.