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Today's Newsletter:

Teltronics Files Chapter 11 Plan to Sell Off Assets

The Dow Jones Daily Bankruptcy Review.(www.dowjones.com) reported that Palmetto-based telecommunications equipment manufacturer Teltronics (www.teltronics.com) has filed a bankruptcy-exit plan that calls for the sale of its assets. Details on possible buyers, opening bid price and other details were scant in the company’s Chapter 11 plan, which was filed last Friday in U.S. Bankruptcy Court in Tampa. Estimated liabilities topped $19.8 million with assets estimated at $9.1 million. The company's sale is expected to close before Dec. 6. Click here to read more.


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National News Feed

AT&T CEO pay docked $2 million for T-Mobile debacle
What's the cost of a $4 billion gamble gone wrong?
Wed, 22 Feb 2012 17:44:27 EST

PC slump kills HP and Dell's bottom lines
Maybe HP wants to rethink that whole "we're not getting rid of the PC" decision?
Wed, 22 Feb 2012 16:20:27 EST

Judge tosses another claim in Madoff case
In another blow to the trustee in the Bernard Madoff case, a federal judge threw out a $20 billion lawsuit attempting to recover more of the stolen funds.
Wed, 22 Feb 2012 14:32:14 EST

Mitt Romney's plan to cut your taxes
In a switch to a more aggressive tax plan, Mitt Romney said Wednesday that he now favors cutting marginal tax rates for individuals by 20%.
Wed, 22 Feb 2012 14:37:51 EST

Obama: Slash corporate tax breaks and rates
After more than a year in the making, the Obama administration on Wednesday released its plan to overhaul the corporate tax code.
Wed, 22 Feb 2012 14:51:29 EST

Honda recalls 46,000 Odyssey minivans
Honda is recalling 46,000 Odyssey minivans because their power tailgates, when open, can drop unexpectedly, potentially injuring anyone standing underneath.
Wed, 22 Feb 2012 11:13:40 EST

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