Bankrupt Dee Howard to be auctioned

 - May 15, 2008, 5:06 AM

Dee Howard, the San Antonio-based heavy maintenance, repair and aircraft modification company in business since 1947, is being auctioned. According to CEO Jim Malone, Dee Howard filed for Chapter 11 protection in mid-February and the due diligence phase is now in progress, with all bids due by April 15. The winning bid is expected to be announced on April 18 and subsequently sent to a Federal Bankrupcy Court for approval.