June 9, 2009

AMERICAN BILTRITE: Congoleum Unit Has $4.4M March 31 Liabilities

COMPANIES: American Biltrite Inc | Congoleum Corp
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American Biltrite Inc.’s subsidiary, Congoleum Corporation, at both March 31, 2009 and Dec. 31, 2008, recorded a total of US$4.4 million for estimated environmental liabilities, which liabilities were not reduced by the amount of expected insurance recoveries.

At March 31, 2009…

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