Dominion Bridge is Granted a New Extension.MONTREAL--(BUSINESS WIRE)--Oct. 27, 1998--DOMINION BRIDGE(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BCQE) (VSE See DOS/VSE. VSE - Virtual Storage Extended :DMO DMO Debt Management Office (Bank of England) DMO Destination Marketing Organization DMO Defence Materiel Organisation (Australia) DMO Dental Maintenance Organization DMO Distributed Mission Operations .U.) Dominion Bridge Corporation (NASDAQ: BCQE) and its subsidiaries (Cedar Group of Canada and Davie Industries Inc.) were granted a new delay to file their Proposal to their respective creditors, pursuant to notices of intention filed on August 11, 1998, under the Bankruptcy and Insolvency Act, and Court decisions on September 11, 1998 to grant a first extension until October 26, 1998. - Dominion Bridge Corporation: The Group's parent company was granted an extension until November 5, 1998. - Cedar Group of Canada: The Canadian holding company owning the Group's operating companies operating company A business that engages in transactions with outsiders. was granted an extension until November 5, 1998. - Industries Davie Inc.: The shipbuilding subsidiary was granted a 45-day extension, until December 10, 1998. |
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