Trouble

Bodilsen AS , a Danish maker of wood flat-packed furniture, has filed for bankruptcy protection. EQT Partners bought the company in late 2006 for DKK 1 million ($189,000), and invested approximatelty DKK 100 million.

Eddie Bauer Holdings filed for Chapter 11 bankruptcy protection, and agreed to sell nearly all its assets to CCMP Capital for $202 million.

The Minneapolis Star Tribune

has filed a plan to exit Chapter 11 bankruptcy sometime this fall. Under the proposed plan, the newspaper would emerge with $100 million and debt and be worth between $118 million and $144 million (including real estate value). Current owner Avista Capital Partners would have its equity stake wiped out.

NTK Holdings Inc. (Nortek), a Providence, R.I.-based maker of ventilation, air conditioning and heating products, said that it is analyzing its capital structure “in light of current economic conditions.” It has retained both The Blackstone Group and Weil, Gotshal & Manges as advisors. THL Partners acquired NTK from Kelso & Co. in 2004, and held a 66.48 percent equity stake as of late 2007, when NTK canceled a proposed $690 million IPO.

Orkla agreed to acquire Indalex Inc., a Lincolnshire, Ill.-based maker of soft alloy aluminum extrusion products, out of Chapter 11 bankruptcy. The deal’s underlying enterprise value is approximately $95 million. Sun Capital Partners had bought Indalex in 2005 from Honeywell for $425 million.

UTGR Inc., operator of Rhode Island casino Twin River, has filed for Chapter 11 bankruptcy protection. Owners include Starwood Capital Group.