Gaspari Auctioned for $10M

December 15, 2014 – In The News
New Jersey Law Journal

Michael Viscount was mentioned in the New Jersey Law Journal article, “Gaspari Auctioned for $10M” Full text can be found in the December 15, 2014, issue, but a synopsis is below.

Heritage Equity Partners announced Dec. 8 that Gaspari Nutrition, a sports nutrition supplement manufacturer in Lakewood, N.J., will be acquired by Allegro Nutrition, the sports nutrition division of the Allegro Group, for $10.1 million. The Chapter 11 liquidation deal has been approved in U.S. Bankruptcy Court in Trenton, N.J.

In the transaction, Gaspari was represented by Fox Rothschild Partner Michael Viscount.