среда, 14 марта 2012 г.

Bidders compete for Ga.'s Sea Island at auction

SAVANNAH, Ga. (AP) — Two bidders are competing to become the new owners of the Sea Island Co. as the Georgia resort operator goes on the auction block to settle its bankruptcy case.

The auction Monday in Atlanta was closed to reporters. A Sea Island spokesman says bidding had been going on for five hours.

The winner will become Sea Island's new owner if the sale is approved by …

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