After Selling Businesses, Monarch's Future Uncertain

Summary


Monarch Services Inc. is on the brink of extinction.

In a quarterly filing Friday with the Securities and Exchange Commission, the Baltimore-based company said it had divested itself of all its business. After selling its Girls' Life magazine in August and closing down Peerce's Plantation restaurant in June, Monarch said it "did not operate in any industry segment" during the first quarter of 2007.

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Extract


After Selling Businesses, Monarch's Future Uncertain

In a separate filing with the SEC on Dec. 4, Monarch reported it had been losing mone...

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