The Mexican conglomerate that put Asarco LLC into Chapter 11 bankruptcy is complaining that the court-appointed committee running the company is ignoring its offer of $300 million to bankroll its reorganization.
A unit of Mexican conglomerate Grupo Mexico is willing to invest $300 million to finance subsidiary Asarco LLC's exit from bankruptcy, but is complaining that the mining company is ignoring its offer.NEW YORK----NYMAGIC, INC. reported today the results of consolidated operations for the third quarter ended September 30, 2007. Net earnings for the three months ending September 30, 2007 were $3.8 million, or $.41 per diluted share, compared with $8.6 million, or $.93 per diluted share, for the third quarter of 2006.
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