In The News: Spartans OK Deal To Sell Building

Spartans Drum and Bugle Corps officials have signed an agreement to sell their Nashua headquarters for $915,000, but a bankruptcy court judge has allowed the bank to foreclose on the property if it chooses.

At the same time, the U.S. Trustee’s office has asked the court to appoint an independent trustee to either oversee the bankruptcy case or convert it from reorganization to liquidation, court records show. A hearing is scheduled Wednesday afternoon in U.S. Bankruptcy Court.

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