M2 EQUITYBITES-February 12, 2018-Appvion Seeks US Bankruptcy Court Nod for Stalking Horse Bid
Greg Corbin, Miguel Jauregui and Leah Chen are seeking proposals for a stalking horse bid
for the residential portion of 14228 38th Street or for the entire building of $25.
31 March 2017 - Bankrupt outdoor retail network Gander Mountain Co has filed a stalking horse bid
by a joint venture comprised of Gordon Brothers and Hilco Merchant Resources to purchase substantially all of its assets, the company said.
An affiliate of Staple Street Capital has acquired substantially all of the assets of Mid-States Supply Company in a transaction effectuated through a stalking horse bid
in a Section 363 process in US Bankruptcy Court, the company said.
The company entered a request on February 8 for approval of a sale of its core assets in a bidding process, which includes a stalking horse bid
On Friday Rich Mirman, Freedom's chief executive, said the team he's leading to buy the company out of bankruptcy had decided to forego making a stalking horse bid
for the company.
One objector called into question the sale of the TV unit, saying in an interview that bidding for Relativity Television was tamped down improperly, because interested parties felt they had to beat the $250 million stalking horse bid
to secure just the TV production operation.
8, 2013 bankruptcy filing, Furniture Brands International received debtor in possess financing from Oaktree Capital Management, which also provided a stalking horse bid
on the parent of Thomasville and Lane furniture.
Popularly referred to as a stalking horse bid
, the offer by the private equity firms serves as the minimum proposal for the business and could still be topped by others.
A portfolio company of Leading Ridge Capital Partners, Rugby acquired substantially all of the assets of Lumber Products through its stalking horse bid
under Section 363 of the US Bankruptcy Code.
Borders intended for Najafi to be the stalking horse bid
for an auction today.
US communication equipment and software company Avaya Inc has made a stalking horse bid
of USD475m (EUR337m) for Nortel's business.