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 ...
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Contact: Desiree Torres Desiree.Torres@penton.com