(Reuters) - The Italian government set next Monday as the deadline for bids for Alitalia, but Prime Minister Romano Prodi has acknowledged that the auction process has virtually collapsed. However, his government has suggested it would start private talks to keep a sale alive.
MatlinPatterson was the last remaining contender in the auction after the front-runner, Air One, pulled out Tuesday.
Read more at Reuters.com Mergers News
MatlinPatterson was the last remaining contender in the auction after the front-runner, Air One, pulled out Tuesday.
Read more at Reuters.com Mergers News
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