Net Perceptions, Inc. was the public shell of a former developer and marketer of software solutions.
The company had declared bankruptcy and was just a public shell of the former software solutions developer and marketer.
Candlewood reviewed unsolicited offers on behalf of the company’s board of directors and compared offers with a proposed plan of liquidation. Candlewood then negotiated with potential suitors regarding proposed terms and established and managed a process to bring the bidding process to a successful conclusion followed by a distribution to stockholders.
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Candlewood Partners, LLC
Established 2001
