March 3 (Reuters) - Gottschalks Inc:
* Provides update on bankruptcy proceedings
* Says received approval from the bankruptcy court to extend its auction date
until March 30, 2009
* Says remains in active discussions with multiple potential buyers
* Says court approved the employee retention plan and the executive incentive
plan
* Says continues normal business operations in its stores
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
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* Provides update on bankruptcy proceedings
* Says received approval from the bankruptcy court to extend its auction date
until March 30, 2009
* Says remains in active discussions with multiple potential buyers
* Says court approved the employee retention plan and the executive incentive
plan
* Says continues normal business operations in its stores
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. 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.