Chapter 15 - THE SALE THAT FINALLY HAPPENED
Hale Capital withdrew from buying Norwood Food Services.
Conflict.
Reputation.
Delay.
The board reopened bids.
Three buyers.
Best offer:
Stonebridge Food Group.
$137 million.
Higher than Hale’s $128 million.
Employee retention.
Pension protections.
No family consulting bonuses.
Independent valuation supported price.
Protected fiduciaries approved.
Benedict branch review approved.
Eudora branch, now under neutral administration during her ban, approved.
Sale closed.
The transaction she claimed required secrecy became more valuable after scrutiny.
The company used proceeds to reduce debt and modernize cold-chain technology.
Employees kept jobs.
No family apocalypse.
Silas cried when the closing completed.
“I spent years believing Eudora was the only one competent enough to get this done.”
Naomi answered:
“Competence without checks is just efficient risk.”
I wrote that down.
Amos did not care.
May you like
He was five.
He wanted a bicycle.
