| |
| | WestPoint Stevens files for Ch. 11 |
 | | WEST POINT, Ga. - WestPoint Stevens Inc., one of the nation's largest makers of sheets, pillow cases and towels under names such as Martha Stewart, has filed for bankruptcy protection, and its chief executive has agreed to resign, company officials said Monday. |
 | | WestPoint produces textiles under several brand names, including Martha Stewart, Ralph Lauren, Stevens, Martex, Vellux, Disney Home and Joe Boxer. |
 | | To keep the company operating during bankruptcy, WestPoint Stevens has received commitments for up to $300 million in financing from a group of lenders, including Bank of America and Wachovia, Miller said. |
| www.enquirer.com /editions/2003/06/03/biz_westpoint03.html (311 words) |
|