Poolin Asset Auction Bid Rises to $180 Million as Bankruptcy Case Continues
Poolin creditors were told that the winning bid in the company’s asset auction has risen to $180 million, according to a §341 creditors’ meeting disclosed by Wu Shuo. According to Foresight News, the bid is about 246% higher than the earlier baseline offer of about $52 million, or roughly 3.46 times…