Snyder's of Hanover gets approval to buy Jay's potato chips
Banckruptcy court approves sale of Jay's to Snyder's of Hanover
Jays Potato Chips is closing its South Side plant, effective today, and taking 220 jobs with it.
The 80-year-old company, which filed for Chapter 11 bankruptcy on Oct. 11, received bankruptcy court approval Tuesday to sell its assets for $24.8 million to Hanover, Penn.-based Snyder's of Hanover Inc., which was identified in court papers as Jays Acquisition Inc., a Jays spokesman said.
The sale means the closing of the company's plant at 825 E. 99th St.
The 80-year-old company, which filed for Chapter 11 bankruptcy on Oct. 11, received bankruptcy court approval Tuesday to sell its assets for $24.8 million to Hanover, Penn.-based Snyder's of Hanover Inc., which was identified in court papers as Jays Acquisition Inc., a Jays spokesman said.
The sale means the closing of the company's plant at 825 E. 99th St.
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