FRANKFURT, March 15 (Reuters) - Insolvency administrator:
* Karstadt presents insolvency plan to court
* Karstadt to be sold to investor by end of April - administrator
* Karstadt creditors to get 3 percent on remaining claims in initial step -
administrator
(Frankfurt Newsroom; +49 69 7565 1272) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Karstadt presents insolvency plan to court
* Karstadt to be sold to investor by end of April - administrator
* Karstadt creditors to get 3 percent on remaining claims in initial step -
administrator
(Frankfurt Newsroom; +49 69 7565 1272) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2010 AFX News
