American Industrial Partners Buying Fleetwood's Motor Home Biz

American Industrial Partners has agreed to buy the motor home business of Fleetwood Enterprises Inc. (OTC BB: FLTWQ). The deal is valued at $53 million, with assumed liabilities not to exceed $18 million. Greenhill & Co. is running the sale process, which is subject to U.S. Bankruptcy Court approval. Fleetwood shareholders include Tennenbaum Capital Partners.

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