Rodger May Wins Auction for Peter Pan’s Western Alaska Assets; Silver Bay Wins Back-Up Bid
In a series of events that rival a Hollywood thriller, over the course of five months Peter Pan Seafoods has shut down all operations in Alaska, Silver Bay Seafoods has purchased or leased key facilities just in time for the 2024 salmon season, Wells Fargo Bank asked that Peter Pan be put into a receivership, $27 million of Peter Pan’s frozen seafood assets were sold to Silver Bay, and yesterday the remaining assets were auctioned off to Rodger May, both a co-owner ...
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