by HOUSTON — Jefferson Capital Systems has been identified as the stalking horse bidder for various assets of Conn’s and W.S. Badcock and their affiliated companies, according to filings with the U.S. Bankruptcy Court for the Southern District of Texas.
An Oct. 2 court filing stated that Jefferson Capital entered to a purchase agreement to buy the companies for $360 million.
Objections to the bid are due by 4 p.m. CT Oct. 8, and an approval hearing for the stalking horse bid is set for Oct. 9.
An auction of real estate and lease designations is planned for Oct. 15, and the deadline to file objections to the sale and the deadline to file contract objections is Oct. 21.
A deadline to file a reply to the objections is Oct. 23, and a sale hearing is planned for Oct. 24.
