The majority of the assets owned by bankrupt poultry company Cooks Venture have been purchased by Bel’s Poultry, an affiliate of Pitman Family Farms.
The offer was valued at $7.1 million and was approved by U.S. Bankruptcy Court Judge Karen Owens in the District of Delaware, according to a report from Arkansas Business.
Founded in 2019, Cooks Venture specialized in the production and processing of pasture-raised, slow-growth chickens. It operated plants in the Oklahoma towns of Jay and Tahlequah, but also had operations in Arkansas. Read more