It went on Chapter 11 bankruptcy in 2003, and emerged as a private company in 2004.

Early this year, the combined chains emerged from bankruptcy as a single company, under Federated's name.

"I think ultimately we will emerge as a stronger company."

Enron emerges as a company that valued, almost above anything else, the ability to bury bad news.

Polaroid has since emerged from bankruptcy as a privately held company.

Revco emerged from bankruptcy, as an independent company, in 1992.

"We would adjust our debt through a Chapter 11 plan, and we would emerge as a smaller but healthy company."

In doing so, it has emerged as a drastically different company.

The restructuring calls for Dial to emerge as a smaller, more focused company, without the cyclical risks of the financial business.

The sharp rise in earnings will help Macy make a case that it should emerge from bankruptcy as a stand-alone company.