AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.

Telecom doldrums sink Astrocom.

The Daily Deal

| August 11, 2003 | COPYRIGHT 2003 The Deal LLC. (Hide copyright information)Copyright

Byline: Greg Johnson

Three days after warning it would do so, data communications component maker Astrocom Corp. filed for bankruptcy.

In its filing late Thursday, Aug. 8, with the U.S. Bankruptcy Court for the District of Minnesota in Minneapolis, the company listed only $537,130 in assets but $2.84 million in debts.

In its skeletal filing, the Plymouth, Minn.-based company said 600 individuals or companies own its 26.4 million shares.

Wayzata, Minn.-based investment firm Perkins Capital Management Inc. and Astrocom president and CEO Ronald B. Thomas …

Related articles from newspapers, magazines, journals, and more
Pioneer Press, St. Paul, Minn., Dave Beal column.
News wire article from: Saint Paul Pioneer Press (St. Paul, MN) November 26, 2005 700+ words
Saint Paul Pioneer Press, Minn., Dave Beal Column.
News wire article from: Saint Paul Pioneer Press (St. Paul, MN) July 21, 2001 700+ words
Chicago Tribune Investing Column.
News wire article from: Knight Ridder/Tribune Business News March 2, 2003 700+ words
San Diego firm to buy Bothell, Wash., biotech company for about $60 million.
News wire article from: The Seattle Times (Seattle, WA) September 8, 2004 700+ words
Minnesota-Based Maker of Facial-Recognition Software Sees Stock Rise.
News wire article from: Saint Paul Pioneer Press (St. Paul, MN) September 19, 2001 700+ words
©2013 Gale, a part of Cengage Learning. All rights reserved. Contact us | Privacy policy | Terms and conditions

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily