Site last updated: Friday, November 6, 2026

Log In

Reset Password
Butler County's great daily newspaper

IN BRIEF

WILMINGTON, Del.— A Delaware bankruptcy court has been asked to approve the proposed the sale of Pennsylvania-based department store chain Boscov's.

Boscov's has a store in the Clearview Mall.

Philadelphia-based Versa Capital Management has emerged as the lead bidder for Reading-based Boscov's, which filed for Chapter 11 protection in August and announced that it would close 10 of its 49 stores.

A court hearing was scheduled for today in Wilmington to consider Versa's offer to pay $11 million in cash and assume Boscov's debt. The proposal has been met with objections, including one from the U.S. trustee saying Boscov's appears to be impermissibly favoring Versa over other bidders.

PETROLIA — The Sonneborn plant will conduct its annual disaster drill sometime between 8 a.m. and noon Thursday.Firefighters and firefighting equipment will be sent to the plant in a simulation of a plant disaster. The company has asked residents to be careful driving in the area of the plant.

CORRY — A Pennsylvania plastics plant that recently lost Procter & Gamble as a major customer has filed for Chapter 11 bankruptcy protection while it mulls a possible sale to Ohio investors.P.C. Roche, who owns Erie Plastics, of Corry, said the bankruptcy filing was necessary to protect the company from creditors while the business restructures.Roche said he's negotiating with the Crawford Group of Ohio to purchase the company, which would then be called Wellington Products.

More in Business

Subscribe to our Daily Newsletter

* indicates required
TODAY'S PHOTOS