By Nicola Leske
FRANKFURT, June 9 (Reuters) - Not quite three months ago Karl-Gerhard Eick said talks with banks on refinancing troubled retailer Arcandor's debt would be challenging but not a mission impossible.
Today he knows he was wrong.
On Tuesday, despite an extended deadline to come up with a persuasive proposal on Arcandor's future, Eick failed to convince banks and the German government that the stricken group qualified for state aid. It filed for ...
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