| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers H > Headlines for Hello Bello > News item |
Hello Bello OK’d to sell assets to stalking horse for $64.9 million
By Sarah Lizee
Olympia, Wash., Dec. 12 – Hello Bello received court approval to sell its assets for $64.9 million to stalking horse bidder Hildred Capital Management, a health care-focused private equity firm, according to an order filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
The stalking horse transaction was subject to higher or otherwise better offers through the company’s bid procedures. The company did not receive any other qualified offers.
Pacific Palisades, Calif.-based Hello Bello filed Chapter 11 bankruptcy on Oct. 23 under case number 23-11759.
© 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.