Re: Skip Barber Racing School liquidation sale
Liquid Assets paid $830k for Skippy's assets minus a Purchase Price Adjustment to be determined at closing if assets have materially changed in their condition. I attached the order authorizing the sale and the Asset Purchase Agreement, which includes the Schedules of included assets (Schedule A and A-1) and excluded assets (Schedule B). The only excluded asset is "Debtor’s rights to credit card receipts from Card Connect." They are also selling: Customer & Vendor lists; Social Media accounts and log in’s: Facebook, Twitter, Instagram, YouTube, etc.; and Sales Force Log in and data download.
I'm not certain but I think non-confidential personal information of its customers is for sale. I'm curious how that is handled.
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