Remedial Clears Hurdle For $120M Sale To Creditors
By Christie Smythe ( May 26, 2010, 2:59 PM EDT) -- Bankrupt oil and gas exploration equipment provider Remedial (Cyprus) Public Co. Ltd. has won a judge's approval to sell virtually all its assets to current bondholders for $120 million following the company's failed attempt to solicit other competing bids....
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