http://www.winnipegsun.com/News/Mani...56268-sun.html
The spud = no longer po-tate-owned :D
So long Fatkins. I for one won't miss it. A more evenly-balanced diet and excersise is and always will be far superior to any and all fad diets. Argue all you want, it is fact.
One of the leading low-carb companies -- Atkins Nutritionals Inc. -- filed for bankruptcy court protection on Sunday, a company spokesperson said.
Atkins had been hurt by waning popularity of its namesake diet, which focuses on eliminating carbohydrates such as bread, potatoes and pasta to shed weight.
A hearing on the prearranged, Chapter 11 filing was scheduled for yesterday in U.S. Bankruptcy Court, spokesman Richard Rothstein said. The privately held company, founded in 1989 by Dr. Robert Atkins, said it had reached an agreement with the majority of its lenders to give them equity in exchange for lowered debt.
Atkins owes $300 million US in outstanding principal and interest, Rothstein said.
Atkins had been hurt by waning popularity of its namesake diet, which focuses on eliminating carbohydrates such as bread, potatoes and pasta to shed weight.
A hearing on the prearranged, Chapter 11 filing was scheduled for yesterday in U.S. Bankruptcy Court, spokesman Richard Rothstein said. The privately held company, founded in 1989 by Dr. Robert Atkins, said it had reached an agreement with the majority of its lenders to give them equity in exchange for lowered debt.
Atkins owes $300 million US in outstanding principal and interest, Rothstein said.
So long Fatkins. I for one won't miss it. A more evenly-balanced diet and excersise is and always will be far superior to any and all fad diets. Argue all you want, it is fact.
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