Second Auction for Sunland Plant Brings In Almost $6 Million More for Creditors
date:Mar 28, 2014


After last weeks first auction, when Hampton Farms initially prevailed with a bid of $20.05 million, Golden Boy captured the courts attention with its last-minute $25-million cash offer, which caused the judge to order the second auction.

Golden Boys late entry into the bidding means that $5.95 million more will be available to satisfy Sunlands creditors, especially the unsecured ones.

Paul Henderson, head of Golden Boys nut butter business unit, was not exactly new to the proceedings. Hende
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