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Published on 12/28/2017 in the Prospect News Distressed Debt Daily.

Maurice Sporting Goods wins court approval of $39 million asset sale

By Caroline Salls

Pittsburgh, Dec. 28 – Maurice Sporting Goods, Inc. received court approval of the $39 million sale of its assets to Middleton Management Co., LLC, according to an order filed with the U.S. Bankruptcy Court for the District of Delaware.

As previously reported, the company said no qualified competing bids were received by the Dec. 22 bid deadline.

As a result, the auction was cancelled.

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.


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