Advertisement

P.M. BRIEFING : Eastern Given Day to Study Bids

Share
<i> From Times wire services </i>

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.

Advertisement
Advertisement