Bankrupt candy seller Sugarfina Inc. won court approval to sell its business to Bristol Capital Advisors LLC for $15.1 million.
Judge Mary Walrath of the U.S. Bankruptcy Court for the District of Delaware signed the order Oct. 28 after giving a tentative nod to the sale four days earlier.
Bristol, through its fund called Bristol Investment Fund Ltd., won an auction for substantially all of the company’s assets earlier this month.
The retailer filed for Chapter 11 bankruptcy protection Sept. 6.
The case is In re: Sugarfina Inc., Bankr. D. Del., No. 19-11973, Order 10/28/19.
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