Dairy Co. Oberweis Unveils $20M Bidder Ahead Of Rival Offer

By Yun Park · April 24, 2024, 5:14 PM EDT

Oberweis, a bankrupt ice cream and dairy producer in Illinois, has disclosed that the owner of a local egg and dairy business made the $20 million stalking horse bid for its...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

A popular Illinois-based ice cream and dairy producer owned by a former Republican state senator filed for bankruptcy blaming a series of business missteps and laying out plans to sell its assets.

Case Number

24-bk-05385

Judge

David D. Cleary

Venue

U.S. Bankruptcy Court for the Northern District of Illinois

Capital Structure

View Full Scorecard

Related Sections

Case Information

Case Title

ODI Oldco, Inc.

Case Number

1:24-bk-05385

Court

Illinois Northern

Nature of Suit

Date Filed

April 12, 2024

Recent Articles By Yun