Accepted Another Deal As 'Time Ran Out'
ANN REALTIME REPORTING 09.22.07 1845 EDT: ANN
has learned the Malaysian owners of Columbia Aircraft Company has
rejected a buyout offer from a team of potential
purchasers, led by Aerospace Entrepreneur Granger Whitelaw (best
known as the CEO of the Rocket Racing League), to
acquire the entire Columbia company and associated assets.