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Penn Central Faces 28 Million Notes Overdue
Penn Central Co parent Penn Central Corp says about 22 million in promissory notes from its European subsidiary went bankrupt and were not paid. The firm plans to sue to recover liabilities of 59 million, as negotiations for reorganization continue under federal bankruptcy law.
MENTIONED IN THIS ARTICLE
Penn Central
Philadelphia
Penn ‘Central | Co
Dus
Penn
de ‘Central Co
Archibald John-Tranenortatin
Madison Square Garden
New York City
Ilawa
Penn Cen- Subak
Tral Co