Could
Jay's Acquisition Inc., the stalking-horse bidder for bankrupt Jays Foods
Inc., really be Snyder's of Hanover Inc.?
The
Chicago Tribune seems to think so. According to a recent Tribune article,
Snyder's and Jay's Acquisition are both based in Hanover, Pa., share the same
post office box number and the same chief financial officer, Charles E. Good.
Whether the Tribune's investigation is true or not is still unknown. Debtor
counsel for Jays Foods, Winston & Strawn LLP, refused to comment, and the
unsecured creditors committee Pachulski Stang Ziehl & Jones LLP said it
was unaware of who owned Jay's Acquisition. Calls to Snyder's and its PR firm,
Northstar Marketing Inc., were not returned, and calls to Jay's Acquisition's
counsel Greenberg Traurig LLP were also not returned. For now, the mystery
continues. — Jamie Mason
See
story from the Chicago Tribune
See
Chapter 11 filing story from TheDeal.com
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