Spin Master, Ltd. approved as Stalking Horse Bidder for IP and Related Assets of Marbles: 'The Brain Store®; Hilco Streambank to Oversee Auction
Quote: NEW YORK, April 10, 2017 /PRNewswire/ -- The stalking horse bid of Spin Master, Ltd., to acquire the e-commerce and wholesale business assets of Marbles:
The Brain Store® was approved by the United States Bankruptcy Court for the Northern District of Illinois.
The stalking horse offer is $2,500,000, and is subject to higher and better offers, with a Bid Deadline set for Thursday, April 20, 2017 at 5:00 PM CT. Hilco Streambank (http://www.hilcostreambank.com), is managing the sale process and will be overseeing an auction to consider
additional bids for the Assets in Chicago, Illinois, on April 24, 2017 at 10:00 am CT.