Bankrupt Savient Gets OK For $120M Sale To Crealta
Savient entered court protection two months ago with a US WorldMeds LLC subsidiary in place as a $55 million stalking horse for planned auction, and the Section 363 process produced a “remarkable success,” Savient attorney David Turetsky said Friday at a sale hearing in Wilmington.
The auction, held Tuesday, featured four bidders and...
Already a subscriber? Click here to login