Auburn Foundry to gain new ownership.Auburn Auburn (ô`bərn). 1 City (1990 pop. 33,830), Lee co., E Ala.; inc. 1839. The city's economy centers around Auburn Univ.; there is some manufacturing. 2 City (1990 pop. 24,309), seat of Androscoggin co. Foundry Inc., Auburn, Ind., likely will have new owners after the casting firm held an auction for the sale of its assets in April. Summitbridge National Investments LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (Summit Investment Management), Denver, entered the highest bid and will assume ownership of Auburn. The sale is contingent on Adj. 1. contingent on - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress" contingent upon, dependant on, dependant upon, dependent on, dependent upon, depending on, contingent U.S. Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. approval. Currently, no final decision has been made on the job status of Auburn employees, though company officials expect to operate with a smaller staff under the new ownership. |
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