Stalking Horse Bid Wins

Final Sale of Stamp Assets to Come

Todd Neeley
By  Todd Neeley , DTN Staff Reporter
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@DTNeeley
The court held an auction Feb. 5 to sell Stamp Farms LLC's assets in bulk, including irrigation equipment and unexpired three- and five-year leases on a farm that once claimed to operate across 46,000 acres in southwest Michigan. (DTN file photo by Elaine Shein)
The court held an auction Feb. 5 to sell Stamp Farms LLC's assets in bulk, including irrigation equipment and unexpired three- and five-year leases on a farm that once claimed to operate across 46,000 acres in southwest Michigan. (DTN file photo by Elaine Shein)
A Michigan farmer was the sole bidder for Decatur-based Stamp Farms LLC's assets this week. Stamp Farms filed for Chapter 11 bankruptcy protection last November.

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Todd Neeley

Todd Neeley
About the Author
Connect with Todd:
@DTNeeley