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United Sporting secures approval of $8.42 million Bellefontaine sale
By Caroline Salls
Pittsburgh, Sept. 12 – United Sporting Cos., Inc. received court approval of the sale of its Bellefontaine, Ohio, facility, according to an order filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
United Sporting said E Brothers Ltd. has agreed to pay $8.42 million for the facility.
E Brothers was the stalking horse bidder, with an initial bid of $7.4 million.
United Sporting is a Chapin, S.C.-based marketer and distributor of a broad line of products and accessories for hunting and shooting sports, marine, camping, archery and other outdoor activities. The company filed bankruptcy on June 10 under Chapter 11 case number 19-11299.
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