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Article: Anaconda, Mont., Telecom Supply Company Files for Bankruptcy.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- March 28, 2003
CopyrightCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Vera Haffey, The Montana Standard, Butte Knight Ridder/Tribune Business News
Mar. 28--ANACONDA, Mont.--At a recent federal auction, Anaconda Local Development Corp. recovered collateral for money it loaned a now-defunct local telecommunications products supply business.
Axiom Wire and Cable Sales Co. owners Tom and Charlene Galasso, 400 N. Fir St., Anaconda, filed Chapter 7 bankruptcy documents in Butte's federal court in January, and a hearing was held in federal court in February.
The Galassos' real estate was auctioned as part of the bankruptcy proceedings.
Axiom represented a variety of wire and cable manufacturers and ...
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