Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Frisco, Texas-based BridgeSpan and its California-based title company are for sale. The two companies are "soliciting proposals for the purchase of their respective assets and operations either, in whole, or in part," according to a company statement. Both corporations filed Chapter 11 bankruptcy late last month the U.S. Bankruptcy Court, Northern District of California in San Jose. The title company assets are for sale, but the title company itself is an asset of the parent company's bankruptcy, the corporate stated. The companies intend to review written offers received by Feb. 20, 2004, then select the best offer or offers and seek court approval for the sale of assets. Offers may be tendered to CFO Lynelle Dahn. All the assets of the two companies will be sold to the highest bidd...