|
(Continued from page 16)
coaches for helping with his accomplishments on the field this past season.
•
State board cancels beef plant loan commitment
• SIOUX FALLS, S.D. (AP) -- The South Dakota Board of Economic Development has canceled a $5 million loan commitment to an idled South Dakota beef plant.
• The move was expected, as the loan was contingent upon the completion of construction of Northern Beef Packers and the meeting of certain financial and operational milestones. The Aberdeen company filed for Chapter 11 bankruptcy protection in July and never met those milestones.
• The commitment was originally made in January 2010 and was extended through March 2014 at the board's Feb. 12, 2013, meeting.
• Investment banking firm White Oak Global Advisors last month submitted the winning $44.3 million credit-and-cash bid for Northern Beef during a bankruptcy court auction in Sioux Falls. The deal has not yet closed, and the new owners have not announced their plans for the facility.
•
10 Things to Know for Today
The Associated Press
•
• Your daily look at late-breaking news, upcoming events and the stories that will be talked about today:
•
• 1. VATICAN FORCED TO DEFEND ITS RECORD ON CLERGY SEX ABUSE
• At a U.N. hearing, a top church official acknowledges there can be "no excuse" for child abuse, as the Vatican faces allegations it enabled the rape of thousands of children by protecting pedophile priests.
•
• 2. $1.1 TRILLION US BUDGET ADVANCES
• The bill sweeps through the House and is on track for a big Senate vote by week's end.
•
• 3. WHICH OSCAR CATEGORY MAY CREATE THE MOST BUZZ
• Best actor hopefuls are especially strong, including stars like Matthew McConaughey ("Dallas Buyers Club") and Leonardo DiCaprio ("The Wolf of Wall Street").
(Continued on page 18)
|
|
