Second Varig Auction Postponed To July 18
Rio Bankruptcy Judge Luiz Roberto Ayoub, in charge of Varig's financial restructuring, postponed to July 18 the second auction to sell the airline for some $500 million and rescheduled to July 17 a creditors meeting to approve the only proposal now on the table, from Volo de Brasil/VarigLog (DAILY...
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