Bankrupt Pescanova may be bailed out
date:Mar 18, 2013
First it went bankrupt. Now it may get a bailout. The regionalgovernment of Galicia said March 14 that it stood ready toprovide economic help to fishing company Pescanova, the latestbig corporate casualty of the Spanish debt crisis.

The offer coincided with an extraordinary board meeting ofPescanova, called by some of its institutional shareholders. Theyare pushing for Pescanova's longtime president to explain how thecompany ended up with accounts that do not match the debt claimsfiled by its c
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