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Platinum Equity buys majority of Genmar

California-based Platinum Equity has purchased “essentially all the assets” of Genmar Holdings for $70 million, chief restructuring officer Mark Sheffert confirmed to Soundings Trade Only.

Genmar auction gets under way

The auction for Genmar’s assets was scheduled to start at 11 a.m. EST this morning in Minneapolis. Bids were due Monday. The auction is being managed

Genmar bids are due today

Today is the deadline for bids on Genmar Holdings’ assets. Bids are due at 3 p.m. CST. The auction is set for 10 a.m. Thursday

Genmar’s day of decision is approaching

More than seven months after the company declared bankruptcy, an auction on the assets of Genmar Holdings is scheduled for Jan. 7. Project Boat Holdings

Genmar working with stalking horse bidder

The stalking horse in the Genmar Holdings bankruptcy case has been identified as Project Boat Holdings LLC, an affiliate of Platinum Equity, a global acquisition

Platinum Equity buys majority of Genmar

California-based Platinum Equity has purchased “essentially all the assets” of Genmar Holdings for $70 million, chief restructuring officer Mark Sheffert confirmed to Soundings Trade Only.

Genmar auction gets under way

The auction for Genmar’s assets was scheduled to start at 11 a.m. EST this morning in Minneapolis. Bids were due Monday. The auction is being managed

Genmar bids are due today

Today is the deadline for bids on Genmar Holdings’ assets. Bids are due at 3 p.m. CST. The auction is set for 10 a.m. Thursday

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