Wednesday, August 17, 2016

Southern Season to auction assets: First offer? $3.5M

Southern Season is finalizing plans to auction "substantially all" of its assets. The Chapel Hill-based gourmet food store, which was looking for a location for a Charlotte store as recently as last year, has already shuttered stores in Mount Pleasant, South Carolina; and Richmond, Virginia. Southern Season’s stalking horse bidder – the first offer on the table – is identified in a court filing Tuesday as The Focus Properties Inc. The $3.5 million bid for the business does not include the…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/08/17/southern-season-to-auction-assets.html?ana=RSS%26s=article_search

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