Audio Research in Receivership.


Papers were filed on Friday. Some say AR’s doors are closed for business. 

aberyclark

Showing 1 response by mambacfa

"It ain't over 'tlll it's over..." Receivership doesn't necessarily mean liquidation and closing the doors. Hopefully they can work out something with the creditors (who get less than 100% of what they're owed) and the company moves forward in their reorganized state.