Regions International
Bidders Circle Urban Corp.
Aug 21, 2008

Bidders are circling Japan's Urban Corp., according to a Bloomberg News report. Sources tell the news agency that there might be 10 firms interested, including Merrill Lynch & Co. The Japanese real-estate firm has $4.4 billion of assets. Urban has a debt of $2.3 billion and took steps to protect itself from creditors Aug. 13.

 
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