Cagle’s Inc. is seeking court permission to sell virtually all of the poultry producer’s assets at a bankruptcy auction after accepting a bid valued at about $72.3 million from an affiliate of Koch Foods Inc.
Cagle’s will ask U.S. Bankruptcy Judge Joyce Bihary in Atlanta, where the company is based, for approval of guidelines to govern the proposed auction at a hearing scheduled for April 4, according to an order filed Monday.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
