Soros Fund Management (Behind VM Bidco) Real Acquirer of Violin Memory
For $14.5 million as previously announced
By Jean Jacques Maleval | February 2, 2017 at 2:38 pmTo read this article from Law360, click on:
Violin Memory Says Soros Unit’s Ch. 11 Bid Clears $14.5 Million
Violin Memory told the Delaware bankruptcy court Monday that a unit of major creditor Soros Fund Management LLC put in the winning bid for its assets with an offer valued at least $14.5 million, but it needs more time to negotiate terms of a Chapter 11 plan sponsorship agreement.
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Violin Memory Finds Buyer at Bankruptcy Auction
VM Bidco, deal valued at $14.5 million
2017.02.01 | In Brief