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Hanjin Fights For Approval Of $78M US Asset Sale

By Alex Wolf ( January 12, 2017, 10:53 PM EST) -- Counsel for Hanjin Shipping Co. urged a New Jersey bankruptcy court on Thursday to approve the Korean courier's bid to sell its U.S. assets, including equity interest in a financially distressed operator of port terminals, for $78 million, saying it's the best deal for Hanjin and its creditors, despite several of their objections....

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