Court OKs Modified Terms for Refco Auction

Item request has been placed! ×
Item request cannot be made. ×
loading   Processing Request
  • Additional Information
    • Abstract:
      NEW YORK (AP) A U.S. bankruptcy court judge has accepted Refco Inc.'s modified terms for an auction of the company's futures brokerage business, setting a bid deadline of Nov. 4 and an auction date of Nov. 9 if more than one bid is received. The order by Judge Robert D. Drain, released late Wednesday, clears the way for Refco to find a buyer for the futures business. [ABSTRACT FROM PUBLISHER]