It would take about three months before the sale process was concluded, Mr Clarke said.
The court hearing marked the latest turn in the complex sale process surrounding the world famous tower.
The video retailer said it expects its U.S. and international operations to operate normally during the sale process.
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More than anything, the sale process of the Kings has shown NBA commissioner David Stern at his best.
Square, a startup led by Twitter inventor Jack Dorsey, is also trying to rework the point-of-sale process.
It is hard to disagree with her given the calamity over the sale process of the Texas Rangers.
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Kodak's motion outlines a sale process that is open to all qualified bidders subject to the rules of the bidding procedures.
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Dolores Kruchten, President of Document Imaging, said that Kodak will work throughout the sale process to ensure a smooth transition for customers.
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Throughout the sale process, Harman and those around him repeatedly insisted that his robust health and vigor made his age a non-issue.
In cases where such sellers want to actively cultivate potential Chinese acquirers, our advice is to allow more time for the sale process.
In the U.K., the public sale process has faced many complaints.
Dollar Thrifty dominated headlines on Tuesday as well, announcing it was ending its sale process as offers it had received failed to eliminate regulatory risk.
Since the housing downturn, Sarasota-based real estate professional John Scherden has found himself working with many buyers and sellers involved in the short sale process.
Exacting a federal tax on that forgiven principal amount would de-incentivize the short sale process and essentially push distressed homeowners to walk away from properties entirely.
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As a result of the sale process, Verizon Wireless signed agreements with seven companies, including one national carrier, five rural or regional carriers and one minority-owned firm.
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Ryanair has said it will not form part of any consortium to buy Stansted after saying the airport's owner BAA had excluded the budget airline from the sale process.
Verizon Wireless has completed three spectrum license sale transactions following agreements reached late last year as part of the open sale process for its 700 MHz A and B Block licenses.
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"We regret Ferrovial's decision to exclude Ryanair from the Stansted sale process and the failure of the Competition Commission to restrain this anti-competitive and anti-customer behaviour by Ferrovial, " the airline said.
The failure of the sale process was widely anticipated, and JJB's shares have been valued at less than a penny each since the decision to seek a suitor was first announced.
Lazard is adviser to Kodak in the sale process.
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The short sale process is time-consuming and complicated: For the sale to go through, the mortgage lender must agree to accept a sale price lower than the outstanding value of the mortgage.
Given that Western Wind was forced into the sale process by dissident shareholders, the biggest worry about the process has never been that there would not be good offers for the company.
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Lloyds has already initiated the sale process, with a view - according to bankers - to announcing the buyer in the autumn, although for regulatory reasons the sale won't complete till 2013.
Potential buyers expect it to trim the price further, and it is set to receive at least five bids when the formal sale process begins within the next few weeks, people familiar with the matter said.
One U.K. newspaper's sources said the sale process is still at an early stage, and added that Virgin is likely to face competition for control of Bally from private equity buyers, other health club chains and from property investors.
Current owners worried about potential support should be taken care of however, as a post by Darrell on the support forums indicates company will continue to provide support during the sale process and all current warranties are still in effect.
Conservative AM Byron Davies - who referred the matter to the Wales Audit Office - says he believes the sale process could have been more transparent, and also that significant public assets should not have been sold to a business registered in a tax haven.
Here is one of the most powerful and toughest businessmen in the country, a guy who just got out of the hospital from back surgery, saying no mas because the sale process got noisy and he is not sure why his most important employee (who was absent from the conference call) at AEG is bolting?
Bankers on the bond sale said the process now has to be restarted, but they said a new deal should conclude soon.
And in some countries outside the United States, the machines that read cards at the point of sale can only process cards with chips.
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