Bear Stearns Seeks Back-Up Bid In PlusFunds Sale
Bear Stearns has asked the U.S. Bankruptcy Court in Manhattan to revise the sale in order to squeeze itself into the fine print and be named the back-up bidder in the PlusFunds auction. As a back-up, Bear Stearns would take over PlusFunds if FTVentures fumbles the deal.
The company spoke up after...
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