date:Aug 27, 2019
stomary closing conditions, federal regulatory and bankruptcy court approvals.
Norpac expects the transaction to be completed within 60-90 days.
Until the completion of the deal, the existing management team will continue to lead operations and will be financially backed by debtor-in-possession (DIP) CoBank.
Oregon Potato Company president Frank Tiegs said: We intend to work as quickly as possible through the forthcoming process.
We are excited about bringing the growers, employees, partners