Eclipse 500 owners bid $40M for insolvent company's assets

08/5/2009 |

Eclipse Aerospace Inc. has made a "stalking horse bid" for the assets of bankrupt firm Eclipse Aviation Corp., offering $20 million in cash and $20 million in notes for the company. The bidding firm was founded by Eclipse 500 owners Mike Press and Mason Holland, and it is among at least four different groups that have expressed an interest in buying Eclipse's assets since the company went into Chapter 7 liquidation in February.

View Full Article in:

Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
Customer Service Supervisor - ATL
Spirit Airlines
Miramar, FL
General Manager
Aircraft Service International Group
Las Vegas, NV
Manager, Safety Investigations
Alaska Airlines
Seattle, WA
Field Planner - Line Maintenance
United Airlines
Analyst - Ground Services Equipment and Facility Maintenance
United Airlines
Chicago, IL