MTX - Minerals Technologies Subsidiaries Barretts Minerals And Barretts Ventures Texas File For Bankruptcy | Benzinga
Minerals Technologies Inc (NYSE: MTX) said its subsidiaries, Barretts Minerals Inc (BMI) and Barretts Ventures Texas LLC (together, the Debtors), filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas.
The petition is aimed to address and broadly resolve BMI's liabilities associated with talc.
The debtors intend to operate their businesses normally throughout the duration of the Chapter 11 cases.
BMI intends ...