Tag Archives: U.S. Bankruptcy Court for the District of Delaware

MiddleGround Subsidiary to Purchase Shiloh Industries Assets in Chapter 11 Reorganization

Grouper Holdings, a subsidiary of MiddleGround Capital, entered into a stalking horse stock and asset purchase agreement with Shiloh Industries to acquire substantially all of the company’s assets. Shiloh’s lenders committed to provide a $123.5 million DIP facility.