date:May 15, 2012
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The companys president and CEO John Sheptor said in January that Imperial Sugar was considering selling assets to increase liquidity, after reporting a much larger than expected net loss for the fourth quarter of 2011, of $32.5m, or $2.73 per share. Analysts polled by Thomson Reuters had expected a net loss of $0.89 per share.
The company has struggled to recover financially since a dust explosion at a Georgia refinery four years ago, in which 13 people were killed and nearly 50 were inju