Parkville

Erickson Communities Bought by Hanover Based Redwood Capital Investments LLC

December 26th, 2009

On Wednesday, December 23rd, 2009 after an 18 hour auction, Erickson Communities chose Maryland based Redwood Capital Investments LLC to pull itself out of bankruptcy, of which it filed for Chapter 11 protection in October. Redwood successfully outbid a New York company, Kohlberg, Kravis Roberts & Co. to get Erickson's assets, including the non-profit groups [...]

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