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Sale of Kane Beef expected to close on Monday
Posted: 3:27 PM, Feb 08, 2019
Updated: 2019-02-08 19:03:09-05
A Houston-based company could become the new owner of Kane Beef.
According to online court documents, JDH Capital Company bid $28-million for Kane Beef.
The sale is expected to be finalized during a hearing on Monday afternoon in Houston.
The majority of Kane Beef‘s 750 employees were furloughed last week after a deal to sell the plant fell through.
This sale could determine if they’ll be going back to work.
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