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Dakota Plains Closes $10.85M Sale Transaction with BioUrja

Thursday, 09 March 2017 03:07
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The closing of the asset sale contemplated under the Asset Purchase Agreement between Dakota Plains Holdings, Inc. and BioUrja Trading, LLC, occurred on Feb. 28, 2017. The Asset Sale was conducted pursuant to the provisions of Sections 105, 363 and 365 of the Bankruptcy Code and approved by the Court. The Debtors received total consideration of approximately $10.85 million, which was substantially all cash.

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