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{ Monthly Archives } June 2009

Lenders mull offer for bankrupt Delphi: report

(Reuters) – Bankrupt U.S. auto parts maker Delphi Corp’s debtor-in-possession (DIP) lenders are mulling an offer for the company, the New York Post said, citing a person familiar with the matter.

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Trump makes bid for namesake casino company: report

LOS ANGELES (Reuters) – Real estate tycoon Donald Trump has made a bid to buy New Jersey casino operator Trump Entertainment Resorts Inc , which in February logged its third bankruptcy filing, the Wall Street Journal reported on Tuesday.

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Trump makes bid for namesake casino company: report

LOS ANGELES (Reuters) – Real estate tycoon Donald Trump has made a bid to buy New Jersey casino operator Trump Entertainment Resorts Inc , which in February logged its third bankruptcy filing, the Wall Street Journal reported on Tuesday.

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Syms-Vornado win Filene’s with $62.4 million bid

NEW YORK (Reuters) – The second bankruptcy auction for off-price retailer Filene’s Basement was won on Monday by a joint $62.4 million bid by discount clothier Syms Corp and developer Vornado Realty Trust , a restructuring expert advising Boston-based Filene’s said.

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Six Flags Chapter 11 to hurt unsecured creditors

NEW YORK (Reuters) – A plan outlined by Six Flags Inc on Monday would leave secured lenders with lion’s share of the theme park operator when it emerges from bankruptcy while unsecured lenders would get very little.

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Bally reaches deal with lenders to exit Chapter 11

(Reuters) – U.S.

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Icahn mulls another run at Delphi Corp: report

CHICAGO (Reuters) – Activist investor Carl Icahn is considering making another attempt to take over bankrupt auto parts supplier Delphi Corp, the New York Post reported on Saturday.

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Theme park firm Six Flags files for bankruptcy

CHICAGO (Reuters) – Six Flags Inc , the world’s largest regional theme park company, said on Saturday it filed for bankruptcy protection.

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GM signs up over 95 percent of eligible dealers

WASHINGTON (Reuters) – More than 95 percent of eligible dealers at bankrupt General Motors Corp have signed on or verbally agreed to participate in the new company, Chief Executive Fritz Henderson said on Friday.

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Judge OKs Chrysler’s bid to cut U.S. dealers

NEW YORK (Reuters) – Chrysler LLC won court approval on Tuesday to cut a quarter of its U.S. dealerships and the bankruptcy court judge overruled requests to delay the order until the U.S.

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