Law360, New York (September 25, 2009) -- A bankruptcy judge has recommended that a district judge approve Grupo Mexico SAB de CV's $2.2 billion bid to acquire bankrupt copper mining operator Asarco LLC and reject the latest rival bid from India-based Sterlite Industries Ltd.
Judge Richard S. Schmidt of the U.S. Bankruptcy Court for the Southern District of Texas issued a report and recommendation Thursday saying that Grupo Mexico, Asarco's former parent, would provide...
