[ATG] has completed the renegotiation of credit agreements and is focused on negotiations for a sale or majority buyout of the company.
According to a statement, the Centennial Airport-based company has completed renegotiation of "teaming agreements" and said its plan is to ask for best and final offer bids due in a few weeks.
The company's discussions "include developing alternatives to continue operations in the short term as well as long-term options."
The company has laid off almost all of its employee, at which point most observers had given it up for dead, and has a personal jet aircraft design awaiting FAA approval.
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