MercuryNews.com | 10/15/2006 | Tower Records' inferno: liquidation order in bankruptcy court

Tower Records' inferno: liquidation order in bankruptcy court: "Those trying to save Tower had one last card to play. Bloom, representing the record companies, argued that even if Trans World's bid was lower, it was in everyone's best interests to sell to the Albany chain. The judge disagreed. He signed an 11-page order -- with last-minute corrections hastily scribbled in the margins -- sealing Tower's fate. The order authorized Great American to begin holding going-out-of-business sales the following morning."

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