Agriprocessors sale delayed - KWWL - Eastern Iowa Breaking News, Weather, Closings

Agriprocessors sale delayed


CEDAR RAPIDS (KWWL) -- A technicality is holding up the sale of Agriprocessors.

The company's bankruptcy trustee, Joe Sarachek says a technical issue concerning the way the sale was drawn up stopped a judge from approving the sale Wednesday.  Sarachek says a new agreement could be submitted as soon as Thursday.

The 8.5 million dollar sale of Agriprocessors to SHF Industries would end months of uncertainty for the town of Postville, which has endured a series of setbacks that began with the huge immigration raid last year.

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