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02/07/2012 11:10:11 AM EST

$ 30.5 Million Bid For Beacon Power Assets Announced

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LexisNexis® Mealey's™ Daily Legal News

WILMINGTON, Del. - Bankrupt power company Beacon Power Corp. on Feb. 3 filed a notice in the U.S. Bankruptcy Court for the District of Delaware indicating that it had a $ 35.5 million stalking horse bid arranged (In Re: Beacon Power Corporation, No. 11-13450, Chapter 11, D. Del. Bkcy.). Full story on lexis.com