A bankruptcy judge is recommending a revised bid from Sterlite Industries for the assets of Arizona miner Asarco LLC be rejected.
He says the Grupo Mexico bid to regain control over Asarco is still superior.
Sterlite Industries boosts offer for Asarco
Sterlite Industries is raising its bid for the mining company Asarco LLC by 20 percent to $2.57 billion, topping rival Grupo Mexico's offer for a company that has been operating under...
Bankruptcy judge OKs GM sale plan
A bankruptcy judge says General Motors can sell the bulk of its assets to a new company, clearing the way for the automaker to quickly emerge from bankruptcy.
Consideration of Sun-Times bonus plan on hold
The Sun-Times Media Group has asked a bankruptcy judge to delay consideration of proposed bonuses of up to $1.8 million for certain employees in the event of a successful sale of assets.
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