This is a public record generated listing.
Farm Supply Cooperative in Minnesota
Listing Information
Attachments
Farm Supply Cooperative in Minnesota
Minimum Price: $16,000,000.00
Other Item Info
Item #: debke_154665
Created: 07/10/2014
Category: Business Property > All Assets or Going Concerns > Pharmaceuticals & Biotechnology
Sale Date: Tue. Aug 26, 2014
Created: 07/10/2014
Category: Business Property > All Assets or Going Concerns > Pharmaceuticals & Biotechnology
Sale Date: Tue. Aug 26, 2014
Seller Info
Justin H. Rucki
Debtor's Attorney
Rodney Square 1000 North King Street
Wilmington, DE 19801
302-571-6600
Debtor's Attorney
Rodney Square 1000 North King Street
Wilmington, DE 19801
302-571-6600
Bankruptcy Info
Case #: 1:14-bk-11187
Case Title: Universal Cooperatives, Inc.
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Universal Cooperatives, Inc.
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of all or substantially all of the assets of Bridon and Heritage, and certain assets of Universal. The Assets include all of the Sellers’ right, title and interest in and to the Operating Assets and the Owned Real Estate.
You can contact the Seller (above) or click on the case # in the bankruptcy case information section to find additional documents and descriptions regarding these assets for sale.
Financial Overview
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Asset and Liability Summary ($)
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Additional Details
- Sale Hearing Time: 3:00 p.m.
- Auction on: August 20, 2014, beginning at 10:00 a.m. at Rodney Square, 1000 North King Street, Wilmington, DE 19801
- Bid Deposit: $1,600,000.00
- Initial minimum overbid: (i) the Purchase Price ($16,000,000), (ii) the Break-Up Fee ($480,000.00) and the Expense Reimbursement ($150,000.00), and (iii) $100,000.
- Minimum Bid Increment: $100,000.00
- Bid Deadline: August 18, 2014 at 4:00 p.m.
- Contract Objection Deadline: before 4:00 p.m. on August 19, 2014