Issue Date: February 21, 2011
Tronox Emerges From Bankruptcy
Titanium dioxide maker Tronox has emerged from bankruptcy. The Oklahoma City-based company, which was spun off from the oil exploration firm Kerr-McGee in 2005, filed for Chapter 11 in January 2009 because of environmental legacies and poor business conditions. Later that year, Huntsman Corp. made a failed attempt to buy Tronox plants in the bankruptcy process. Tronox common stock will go to Tronox’ lenders. Some of its previous shareholders are entitled to warrants . . .
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