A judge favored Brightmark’s parent company over a slightly higher bid, preferring Brightmark’s plan to keep the facility operating over the competing bid’s liquidation plan. | Photo courtesy of Brightmark
Brightmark’s bankrupt Indiana pyrolysis facility has been sold to parent company Brightmark for $14.3 million in a move that will keep the facility operating and retain most or all of its more than 100 employees, a judge ruled this month. The latest development came after a competitive auction process with plenty of twists and turns.
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