The prospective deal is said to call for the sale of as much as $335 million in new bonds.
When a press report leaked the prospective deal in 1945, the respective parties were alarmed.
Milbury declined any comment on the talks or a prospective deal.
The prospective deal went through eight drafts.
The possibility even arose that owners opposed to the prospective deal could still scuttle it.
He was helping Rendorff's prospective deal with the baggage man by proving it at this very moment.
Like all prospective deals, this one has drawbacks that could force either side to walk away.
The prospective deal was reported yesterday in The Wall Street Journal.
The newspaper said that the prospective $4.6 million deal fell through.
Senior Administration officials cautioned tonight that the prospective deal could well collapse, as it has repeatedly.
