The News Review:
- Treasurys rise after well-bid auction
- Magna creditor questions track auction terms
- National Amusements theater auction sparks interest
- Do I hear a bargain? There are plenty at auction of industrial …
- Bankruptcy auction planned for posh development
Treasurys rise after well-bid auction
Wall Street Journal
–>Treasurys rise after well-bid auction ArticleCommentsmore in. Federal Reserve planned for Friday. The government-bond market had been under pressure early in the day as investors set up for.
Magna creditor questions track auction terms
Baltimore Sun
The track is one of two in Maryland owned byfinancially troubled Magna Entertainment Corp. PNC Bank whose loans are secured by all assets associated with Laurel and Pimlico said. ‘s proposal fails to protect the bank’s interests and those of other secured creditors according to documents filed Thursday with.
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National Amusements theater auction sparks interest
Reuters
screens the sources said. They spoke on condition of anonymity because the details of the sale have not been made public. Two separate auctions likely to help National Amusements pay about half its looming debt obligations include 54 theaters in the United States and 21 screens in the United Kingdom. A first round of bids is due in three to four weeks the sources said. The assets have received interest from companies including Regal Entertainment Group Cinemark Holdings Inc and AMC Entertainment Inc and also from private equity firms the sources said. National Amusements Redstone’s holding company for his controlling stakes in CBS Corp and Viacom Inc declined comment as did AMC. Regal and Cinemark were not immediately reachable for comment.
Do I hear a bargain? There are plenty at auction of industrial …
Houston Chronicle
in Humble where officials say sales are up. The auction is the second-largest in company history. inspects a crane for a client at the Ritchie Bros.
Bankruptcy auction planned for posh development
The Associated Press
Bankruptcy Court in Salt Lake City. It means an April 15 auction will be held for Promontory a 10-square-mile community of multimillion-dollar homes opulent clubhouses golf courses and horse stables near Park City. Bankruptcy lawyers told The Associated Press the bank is likely to participate in the auction to make sure the development isn’t sold for pennies on the dollar. Credit Suisse provided much of the financing for Promontory. It arranged loans of $275 million that were sold to hedge funds and other investors. Credit Suisse says the developer went into default in December 2007.