For one Florida company, it’s out with the citrus and in with the stone.
Old Corkscrew Plantation LLC, which has thousands of acres of orange groves on its Florida property, doesn’t seem to have any immediate ideas for how to restructure the hefty debt load that propelled it into bankruptcy on Friday. It does, however, have big plans for the future of its business: Scrap all that citrus, and start digging up minerals.
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