VeraSun To Auction Assets In Chapter 11 Bankruptcy

Wisconsin Ag Connection
USAgNet - 02/10/2009

VeraSun Energy Corp. will put all its ethanol plants on the bankruptcy auction block in March, a lawyer for the company said at a court hearing last week. Attorney Patrick Nash said there are prospective bidders for some of VeraSun's assets but others will be subject to a "naked auction," where no floor bid has been established.

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