Single Bidder in Agriprocessor Auction
Posted on Thursday, July 9th, 2009 at 2:26 am
Agriprocessor, the Iowa meat packer that was once the largest kosher meat processor in the US, is currently in bankruptcy and up for auction. However, there is currently only one bidder for the company.
SHF Industries of Montreal, Canada, the sole bidder, has offered US$8.5 million for the purchase of Agriprocessor. That money would go directly to the meat packer's two main creditors.
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