Two groups bid to buy Better Place
The liquidators will today make their recommendation to the court regarding the sale of the electric vehicle venture.
This evening the various parties are meeting with law firm Raved, Magriso, Benkel & Co. to discuss pricing before tomorrow's discussions with the liquidator. Both groups have proposed employing 50 out of Better Place's remaining 85 employees.
After tomorrow's meeting the liquidator will make his recommendation to the Lod District Court regarding the sale of Better Place.
This phase of the company being operated by the temporary liquidators is about to end. In the next phase the liquidators will handle creditors' claims.
Published by Globes [online], Israel business news - www.globes-online.com - on July 9, 2013
© Copyright of Globes Publisher Itonut (1983) Ltd. 2013
- Tel Aviv market report
- Tel Aviv Stock Exchange
- Israeli stocks in NY
- Arbitrage gaps for dual-listed stocks
- Israeli stocks in Europe
- Israeli stocks on other markets
- Tel Aviv 25 options
- Mutual funds
- Current representative shekel rates
- Historical representative shekel rates
- Bank shekel rates
- Shekel/dollar options