Hancockfabrics: Hancock Fabrics : asks PBGC to oversee pension plan

(4-traders.com) Sept. 29--TUPELO -- Hancock Fabrics has filed a motion with the U.S. Bankruptcy of Delaware, asking it to approve an agreement in which the Pension Benefit Guaranty Corporation takes over its under-funded pension plan. Hancock, which filed for Chapter 11 bankruptcy protection in February and later moved to liquidate, essentially went out of...http://www.4-traders.com/HANCOCK-FABRICS-INC-69689/news/Hancock-Fabrics-asks-PBGC-to-oversee-pension-plan-23137776/