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MagCorp Trustee To Sell $213M Renco Judgment Stake

By Jonathan Randles (June 23, 2016, 3:32 PM EDT) -- Magnesium Corporation of America's court-appointed trustee is looking to sell a portion of its stake in a $213 million judgment against business magnate Ira Rennert and his Renco Group Inc. over allegations that they drove the magnesium producer into bankruptcy in 2001, according a court papers filed on Thursday in New York....

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