Law360, New York (May 2, 2012, 1:57 PM EDT) -- Dippin' Dots LLC, a newly formed company backed by investment firm Fischer Ventures LLC, received Kentucky court approval Wednesday to acquire bankrupt flash-frozen ice cream company Dippin' Dots Inc., despite objections from some creditors that they were not convinced the sale would bring in the maximum value.
The new company will maintain operations in Paducah, Kentucky and will keep all DDI employees on, including CEO Curt Jones. The sale is expected to close in the next few weeks.
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