[lbo-talk] Italy warns Alitalia may be liquidated without sale

[uvj at vsnl.com]

UPDATE 1-Italy warns Alitalia may be liquidated without sale
http://uk.reuters.com/article/asiaMergersNews/idUKL153775020080901?sp=true

Mon Sep 1, 2008

(Adds details)

By Deepa Babington and Alberto Sisto

ROME, Sept 1 (Reuters) - Bankrupt Alitalia's (AZPIa.MI: Quote, Profile,
Research) cash reserves are dwindling fast and the airline will be
liquidated if the latest plan to salvage it falls apart, the administrator
overseeing the carrier's bankruptcy warned its unions.
http://uk.reuters.com/article/asiaMergersNews/idUKL153775020080901?sp=true