Fıle Germany Karstadt Ag

epa02176997 (FILE)?A file picture dated 20 May 2010 of the logo of Karstadt AG at the facade of the Karstadt department store in Magdeburg, Germany. The meeting of the board of creditors of the insolvent company started on 28 May 2010, as a spokesperson of the liquidator confirmed on request. For a start, a presentation of three proposals for an acquisition of the department store-chain takes place which shall last until the afternoon of 28 May. Afterwards, the board of creditors shall decide which offer wil be accpeted. If there is still need for clarification, another extension of time is possible.  EPA/JENS WOLF