Largest producer of peaches and other stone fruit in North America files for bankruptcy protection
Prima, a private-equity backed California farmer that is the largest producer of peaches and other stone fruit in North America, has filed for Chapter 11 bankruptcy protection in Delaware. The company, owned by private equity firm Paine Schwartz Partners, has about $679 million in debt. It plans to sell its business in bankruptcy, according to court documents filed Friday. Prima farms
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