{"id":5493,"date":"2007-01-04T00:00:00","date_gmt":"2007-01-04T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"smart-papers-acquired-by-hedge-fund","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/01\/2007\/smart-papers-acquired-by-hedge-fund.html","title":{"rendered":"SMART Papers Acquired by Hedge Fund"},"content":{"rendered":"<p>Houston Chronicle &#8211; SMART Papers, a maker of papers for writing, commercial printing, graphic arts and packaging, has emerged from Chapter 11 bankruptcy with new ownership, officials said Wednesday.<\/p>\n<p>  Plainfield Asset Management, which took a 92.5 percent stake in SMART in August when it assumed about $40 million of the company&#8217;s debt, has invested another $500,000 to increase production, Chief  Executive Tim Needham said.<\/p>\n<p>  &#8220;SMART Papers has a rich history and well-established brands that bring unique value and benefit to the North American printing industry and their customers,&#8221; said Eric Reehl, managing director at  Plainfield, a hedge fund based in Greenwich, Conn.<\/p>\n<p><a href=\"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/7-0&amp;fd=R&amp;url=http:\/\/www.chron.com\/disp\/story.mpl\/ap\/fn\/4441701.html&amp;cid=1112409893&amp;ei=mcWcRaX4A5L2oAKHnIXSBw\">Read CompleteArticle<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Houston Chronicle &#8211; SMART Papers, a maker of papers for writing, commercial printing, graphic arts and packaging, has emerged from Chapter 11 bankruptcy with new ownership, officials said Wednesday. Plainfield Asset Management, which took a 92.5 percent stake in SMART [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5493","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5493"}],"version-history":[{"count":0,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5493\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}