Bumble Bee Parent, Inc. – Further to Input from Creditors’ Committee and DOJ, Court Approves $930.6mn Stalking Horse Agreement, Bidding Procedures and Auction/Sale Timetable

December 19, 2019 – The Court hearing the Bumble Bee Foods cases issued an order approving (i) bidding procedures in respect of the sale of substantially all of the Debtors’ U.S. and Canadian Assets (the "Sale"), (ii) the Debtors' asset purchase agreement (the "Stalking Horse APA") with Tonos US LLC, as U.S. Buyer, Tonos 1…