Despite closing on major acquisitions with Reyes and other buyers for certain operations and/or brand rights, RNDC entered chapter 11 bankruptcy with just $5.3 mil cash on hand, filings detail. That’s cause Reyes deal proceeds “were used to pay down approximately 80% of the Company’s then-outstanding obligations under the Prepetition...
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RNDC Has Just $5.3 Mil Cash On Hand; Other Distrib Deals Much Smaller; Owners Raked It In from 2018-2023
Publishing Info
- Year: 2026
- Volume: 28
- Issue #: 161
- Issue Date: 07/27/2026
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INSIGHTS Express