Trustee Slams $25M Bid For Bankrupt Electric Car Co. Unit

By Jamie Santo (June 4, 2013, 10:17 PM EDT) -- The U.S. trustee objected Monday to the planned bankruptcy sale of a unit of electric-car maker Coda Holdings Inc. to lenders led by private equity firm Fortress Investment Group LLC, saying the $25 million stalking horse deal wastes assets that would otherwise benefit the debtors' estate....

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