Hawker Beechcraft Corp. (HBC) continues negotiations to hash out an agreement with would-be Chinese buyer Superior Air Beijing, but a potential agreement could be expected shortly since an exclusivity period granted by bankruptcy court in July is ostensibly up. The U.S. Bankruptcy Court for the Southern District of New York on July 17 granted HBC’s request to begin exclusive negotiations for a 45-day period after receiving a $1.79 billion proposal from Superior to purchase all but the ...
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