P.M. BRIEFING : Eastern Given Day to Study Bids
<i> From Times wire services </i>
NEW YORK —
A federal bankruptcy judge today gave Eastern Airlines another day to consider rival buyout offers for its lucrative Washington-New York-Boston shuttle business.
U.S. Bankruptcy Judge Burton R. Lifland adjourned until Tuesday a hearing at which attorneys for Miami-based Eastern, its unions and its major creditors are to meet to discuss competing offers for the shuttle by America West Airlines and developer Donald Trump.
Eastern and a committee representing its major creditors sought the additional time so they could continue evaluating the bids.