Posted at 12:27 p.m., Tuesday, July 24, 2007
Mac Farms purchase to close later this year
Advertiser Staff
ML Macadamia Orchards LP, the world's largest grower of macadamia nuts, said it now expects to close its $8.5 million purchase of most of the assets of Mac Farms of Hawaii LLC by the end of the year.The company previously had expected to complete the sale in October. ML Macadamia filed documents at the U.S. Securities and Exchange Commission that said the preparation of audited financial statements by Mac Farms had been delayed, requiring a new closing date.