Kerr-McGee Seeks Ultimatum On Tronox Spinoff Deal
By Erin Fuchs ( July 1, 2010, 2:13 PM EDT) -- Kerr-McGee Corp. has asked a bankruptcy judge to order its former unit Tronox Inc. to either follow the terms of a spinoff contract or officially reject the deal and allow Kerr-McGee to release $96 million it's holding in reserve for environmental liabilities....
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