Bachrach Sets Auction for Sale of its Assets; Buyer Looms
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Bachrach also filed notice with the court that it has received a bid to purchase all of its assets from B & B Bacharach LLC. This bid sets the floor price for the sale and the Debtor is seeking higher and better bids prior to and at the auction.
“This action is a necessary and responsible step to obtain the best value for all of our stakeholders,” said Brian Lipman, CEO of Bachrach Acquisitions, LLC.
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