Easterday gets court approval to sell equipment to Blue Tag Farms

By Sarah Lizee

Olympia, Wash., Sept. 24 – Easterday Ranches, Inc. and Easterday Farms received court approval to sell substantially all of its farm equipment and related personal property to stalking horse bidder Blue Tag Farms, LLC, according to an order filed Thursday with the U.S. Bankruptcy Court for the Eastern District of Washington.

The purchase price under the stalking horse agreement is $14.02 million in cash, subject to adjustment for any missing equipment, as previously reported.

Easterday Ranches is a Pasco, Wash.-based cattle operator. The company filed bankruptcy on Feb. 1, 2021 under Chapter 11 case number 21-00141.

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