NEW YORK NexCen Brands Inc., parent to various foodservice brands including Maggie Moo’s, Marble Slab and Great American Cookies, said Monday that it may not survive as a company should it not increase its liquidity and pay off $21 million in debt by October. NexCen, which went on a foodservice buying spree in recent years, told investors that a liquidity issue not disclosed in its latest annual report raised “substantial doubt about the company’s ability to continue as a going ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!