NexCen seeks options amid cash crisis

NEW YORK NexCen Brands Inc., parent to various foodservice brands including Maggie Moo’s, Marble Slab and Great American Cookies, said Monday that it may not survive as a company should it not increase its liquidity and pay off $21 million in debt by October.

NexCen, which went on a foodservice buying spree in recent years, told investors that a liquidity issue not disclosed in its latest annual report raised “substantial doubt about the company’s ability to

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