Palm Harbor Reports December Loss

Bloomberg News reported that Palm Harbor Homes filed an operating report showing a $5.3 million net loss on revenue of $12.7 million for December. Palm Harbor is to auction most of the business on March 1.  Fleetwood Enterprises Inc., a venture between Cavco Industries Inc. and a fund advised by Third Avenue Management LLC, has submitted an opening bid. The Dallas-based company filed under Chapter 11 in late November.
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