Liberty sale successful

Tuesday, November 18, 2014

PORT ST. LUCIE, Fla. – A federal bankruptcy judge last week approved the $68.5 million sale of Liberty Medical Supply, according to Law360. The buyer: Palm Beach Capital, a private equity firm. Liberty had proposed selling the majority of its assets in a stalking horse auction with a minimum bid of $46.5 million. Liberty Medical filed for Chapter 11 bankruptcy protection in February 2013.