Thus they find out about the latest of Mikhail Gorbachev's restructuring proposals.
Allegis's stock price jumped to a new high of $89.875 after a restructuring proposal by United's pilots union.
Bondholders are also considering a restructuring proposal of their own.
"But we have not held any talks with them about any restructuring proposal," he added.
Once in place, the first task of an administrator is to design a restructuring proposal.
The company said it expects its restructuring proposals to change after further negotiations with creditors and suppliers.
Reasonable margins for farmers must be central to any restructuring proposals.
He hinted in a telephone interview that there was updated information, perhaps a new restructuring proposal, for the union to consider.
The $28 million in Boston's restructuring proposal would have covered that.
Company officials today called the restructuring proposal "the largest ever in the electrical utility industry."