Thursday, June 21, 2007

Tower Auto has no bids to rival Cerberus offer

(Reuters) - Tower, which filed for bankruptcy in February 2005, expects to seek approval of its reorganization plan and sale to Cerberus from the U.S. Bankruptcy Court for the Southern District of New York on July 11. It hopes to complete the transaction by the end of July.






Read more at Reuters.com Bonds News

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