date:Dec 18, 2013
ayetteville, Ark. The purchase agreement with Seneca Foods will serve as the stalking-horse bid in the auction process. Allens will be seeking bankruptcy court approval of Seneca's asset purchase agreement as the stalking horse bid and certain bid procedures at a hearing in the near future.
If Seneca Foods is successful in its acquisition of the assets, it will fit with its long-term growth objective to expand its line of canned vegetable offerings to include sweet potatoes, southern vegetables