date:Dec 27, 2013
that the purchase price will provide funds well in excess of the amount necessary to satisfy the first priority obligations, the PACA claims and (other claims) any other transaction will not yield as favorable an economic result, according to the motion to sell, which was filed Dec. 23.
Officials with Marion, N.Y.-based Seneca Foods Corp. said in a news release Dec. 17 that they had reached an agreement with Allens Inc., Siloam Springs, Ark., for a purchase price of about $148 million, subjec