Fred Hipp, AMF's President and Chief Executive Officer, said, "Over the last several years, Steve and his operations team have worked hard to improve our bowling centers and operations. AMF is now well-positioned to take full advantage of this restructuring. We're committed to making AMF a truly great company, for both the bowling public and our employees."Satterwhite added, "This legal process provides us with the opportunity to resolve our financial challenges, and it should be virtually seamless going forward for our customers, suppliers and employees. AMF is open for business and our bowling centers are serving customers as usual, with our centers staff focused on providing the best possible bowling experience."
AMF Bowling Reaches Restructuring Agreement To Significantly Reduce Its Debt And Strengthen Balance Sheet
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