| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers M > Headlines for Maurice Sporting Goods, Inc. > News item |
Maurice Sporting Goods to request court OK of $39 million asset sale
By Caroline Salls
Pittsburgh, Dec. 22 – Maurice Sporting Goods, Inc. canceled the Dec. 27 auction for its assets and will ask the U.S. Bankruptcy Court for the District of Delaware to approve a $39 million sale to stalking horse bidder Middleton Management Co., LLC, according to a notice filed Friday with the U.S. Bankruptcy Court for the District of Delaware.
The company said no qualified competing bids were received by the Dec. 22 bid deadline.
The sale hearing is scheduled for Dec. 28.
Maurice is a Northbrook, Ill.-based distributor of outdoor sporting goods. The company filed bankruptcy on Nov. 20 under Chapter 11 case number 17-12481.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.