Court Aborts Bid for Embattled Handset Maker Pantech

SEOUL, Apr. 20 (Yonhap) — A local court said Monday the latest bidding for cash-strapped South Korea handset maker Pantech Co. has failed as all three bidders lacked the capability to buy the company, casting doubt over the firm’s normalization. On Friday, the bankruptcy panel of the Seoul Central District Court said three investors offered [...]