Escom Deal Closed
04-May-95 17:24:17
Sb: #195580-Escom Deal Closed
Fm: Asha DeVelder 76263,1723
To: Dan Stets 74777,1572
Dan,
> I saw a string in the forum indicating some folks were concerned that the
Escom buyout had been delayed by proceedings in the Bahamas. Franklyn Wilson,
the liquidator, just told me the deal was closed yesterday (Tuesday) in New
York. Escom now owns the assets it bought on April 21. The Bahamian court
approved the sale, just as the New York Bankruptcy Court had, Mr. Wilson said.
Thanks for posting that! And thanks again for all the information and
support that you have given us during this long and difficult time!
Skimming through the Redwoods on AutoPilot
Asha