Sam Kane Beef Processors Future Still Uncertain

After filing Chapter 11 bankruptcy on Tuesday, January 22, Sam Kane Beef Processors,Corpus Christi, Texas eventually had to offer the plant at auction on Wednesday, February 6.

At the time Kane Beef filed bankruptcy, eight potential buyers had already submitted bids.  But just one week after filing, the highest bidder was unable to secure financing.  Kane Beef sought permission to then

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