BioFuel Energy Confirms Lenders Exercise Right to Acquire Ethanol Plants
November 25, 2013 at 20:14 PM EST
BIOFUEL ENERGY CORP. (NASDAQ: BIOF ) today confirmed that is has been notified by the lenders under its existing senior secured credit facility that they have exercised their right under their Deed In Lieu of Foreclosure Agreement (the "Deed in Lieu") to acquire the Company's ethanol plants. It was