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Magcorp Trustee OK'd To Sell Stake In $213M Judgment

By Jonathan Randles (August 24, 2016, 7:27 PM EDT) -- A New York judge on Wednesday approved a request by Magnesium Corp. of America's court-appointed trustee to sell a portion of its stake in a $213 million judgment against businessman Ira Rennert and his Renco Group Inc. over allegations that they drove the magnesium producer into bankruptcy in 2001....

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