Refco Inc., the broker that filed for bankruptcy last month, said it received five offers for all or some of its assets that will be sold at a bankruptcy court auction next week.

The company received the five bids before yesterday’s 4 p.m. deadline in New York, Refco said in a statement. While it didn’t identify the bidders, Man Group Plc, the world’s biggest publicly traded hedge fund company, and Alaron Trading Corp. said that they submitted offers.

Refco is selling its regulated business to raise money for its unregulated units, which have seen customer accounts dwindle since the company disclosed on Oct. 10 its former Chief Executive Phillip Bennett hid $430 million in debt.

Posted: 11|5|05 at 11:19 am. Filed under: US News.