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BUSINESS
June 23, 1992
Omnivar, a Glendale-based computer reseller that filed for Chapter 11 bankruptcy last month, said it has contracted with Ross-Dove Co. to conduct a public auction of its inventory and other assets on July 10. Louis Da Re, Omnivar's chief executive officer, said the auction is being held because the company could not get concessions from creditors and because it needs cash to operate while Omnivar tries to reorganize its finances.
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BUSINESS
June 23, 1992
Omnivar, a Glendale-based computer reseller that filed for Chapter 11 bankruptcy last month, said it has contracted with Ross-Dove Co. to conduct a public auction of its inventory and other assets on July 10. Louis Da Re, Omnivar's chief executive officer, said the auction is being held because the company could not get concessions from creditors and because it needs cash to operate while Omnivar tries to reorganize its finances.
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