Friday, June 15, 2007

The end of an era

Veg-O-Matic king Ron Popeil used to love to say, "But wait, there's more!"

But only barely, it turns out, at least in regard to the company he founded.

Ronco Corp., based in the Simi Valley, has filed for Chapter 11 bankruptcy protection, declaring it has $32.7 million in debts and $13.9 million in assets.

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