Card-and-party-supply store Swoozie’s has been sold at auction for $2 million more than a stalking horse bidder had offered for the bankrupt company.
At an auction held in a conference room at the offices of Swoozie’s counsel, Alston & Bird, Northbrook-Ill.-based Hilco Merchant Resources in-house counsel Joseph A. Malfitano tendered the winning bid of $7,425,000 to purchase Atlanta-based Swoozie’s.
This content has been archived.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]
