Bankrupt Ormet Gets Nod For PBGC Pension Takeover

Bankrupt Ormet Gets Nod For PBGC Pension Takeover

Troubled aluminum smelter Ormet Corp., whose planned sale to a private-equity firm came apart earlier this month, received permission from a Delaware bankruptcy judge Thursday to hand off two of its three pension plans to the Pension Benefit Guaranty ...read more

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