Friday, July 6, 2007

Italy postpones Alitalia bid deadline again

(Reuters) - ROME, July 6 - The Italian Treasury pushed back on Friday the deadline for submitting binding offers for Alitalia for the second time to July 23 to allow final bidders to examine additional information on the airline.



The treasury, which is selling at least 39.9 percent of the unprofitable airline in the hopes of turning it around, did not specify what additional information was now available.


Read more at Reuters.com Bonds News

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