Two more auctions this week of assets owned by Plant City’s Madonia family and its businesses fetched $16.2 million, bringing the four-auction total to $68.7 million — including $2.1 million for the landmark Red Rose Inn.
All the bids are subject to approval by the Chapter 11 bankruptcy trustee overseeing the asset sales. So far, the bid for the popular Red Rose Inn has not been approved.
Evelyn and Batista Madonia, East Coast Brokers and Packers and several more of their businesses filed for…
Two more auctions this week of assets owned by Plant City’s Madonia family and its businesses fetched $16.2 million, bringing the four-auction total to $68.7 million — including $2.1 million for the landmark Red Rose Inn.
All the bids are subject to approval by the Chapter 11 bankruptcy trustee overseeing the asset sales. So far, the bid for the popular Red Rose Inn has not been approved.
Evelyn and Batista Madonia, East Coast Brokers and Packers and several more of their businesses filed for…