McClatchy Newspapers
FRESNO, Calif. — Zacky Farms, the Fresno County turkey producer that filed for bankruptcy last fall, will remain in family hands after all.
The Robert and Lillian Zacky Trust successfully won a bid to purchase the company, according to court documents filed Feb. 20 in the U.S. District Bankruptcy Court in Sacramento.
The trust, which had backed out of negotiations to buy the company several weeks ago, offered about $38.8 million in credit, cash and notes in its winning bid.
The sale is for "substantially all of the" Zacky Farms assets, including turkey processing plants. . .
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