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INVESTING

Corbion Wins Court Approval to Buy TerraVia for $20 Million

5:03 pm ET September 15, 2017 (Dow Jones) Print By Peg Brickley Netherlands-based biotechnology company Corbion NV has won approval to pay $20 million for TerraVia Holdings Inc., once a highflying pioneer that promised to transform algae into fuel. Judge Christopher Sontchi approved the sale at a hearing Friday in TerraVia’s bankruptcy case. Approval from the judge clears the way […]

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INVESTING

TerraVia Files for Bankruptcy – Announces Sale of Substantially All of Its Assets Subject to Competitive Bidding Process

TerraVia Holdings Files for Bankruptcy; Announces Sale of Substantially All of Its Assets Subject to Competitive Bidding Process 3:59 am ET August 2, 2017 (Benzinga)  TerraVia Holdings, Inc. (NASDAQ: TVIA) announced today that it has entered into a “stalking horse” stock and asset purchase agreement with Corbion N.V., a Netherlands-based global leader in food ingredients and […]