High bidder for Grant farm backed organic grower before bankruptcy Read more: High bidder for Grant farm backed organic grower before bankruptcy - The Denver Post http://www.denverpost.com/breakingnews/ci_22834108/high-bidder-grant-farm-backed-organic-grower-before#ixzz2O8t4dR5V Read The Denver Post's Terms of Use of its content

Localization Partners on Wednesday was the high bidder for 770 acres of land leases and intangibles belonging to bankrupt Grant Family Farms. The consortium of investors, who last year fronted about $1.5 million to stave off the organic farm's bankruptcy, bid $45,000 for nine land leases. The investors also offered $40,000 for intangibles, including the farm's website domain, Grantfarms.com, customer databases and the brand names Grant Family Farms, Grant Family Farms Certified Organic Colorado, Owl Canyon, Rocky Mountain Sweet and Colorado's Finest. A U.S. Bankruptcy Court must approve the sale at a special hearing April 11. Bankruptcy trustee Joli Lofstedt said there were seven bidders, most of who were local. Bidding was held at the Louisville Recreation Center and lasted for about an hour. Read the rest at http://www.denverpost.com/breakingnews/ci_22834108/high-bidder-grant-farm-backed-organic-grower-before