Google Plus Facebook LinkedIn Twitter Vimeo RSS

New offer made to buy Wolfgang Candy assets

By - Last modified: October 3, 2012 at 5:05 PM

York County-based Wolfgang Candy Co. Inc. has filed a motion in federal bankruptcy court to sell assets to Lancaster County-based Food Management Systems Inc. for $1 million, according to a court filing today.

The sale proposal specifically excludes some assets such as real estate and cash, the filing stated.

Wolfgang also has petitioned to enter into a lease agreement for three parcels of real estate for a term of four years at a monthly triple-net lease rate of $10,000, with the buyer also paying real estate taxes and insurance, according to the filing.

The sales and lease deals have deadlines of 5 p.m. Friday, the filing stated.

 

Brent Burkey

Brent Burkey

Brent Burkey covers York County, agribusiness, energy and environment, and workforce issues. Have a tip or question for him? Email him at brentb@cpbj.com. Follow him on Twitter, @brentburkey.

Leave a Comment

test

Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy

Comments

close
Subscribe to Our Newsletters!
Click Here to Subscribe for Free Now!