Marsh Bankruptcy Sale Attracts 'Numerous Bidders'

Posted: Updated:

The Wednesday deadline to accept potential buyout bids for Indianapolis-based Marsh Supermarkets has passed and a spokesman for the financially-strapped grocery chain says "numerous bidders" made offers. The company and its advisors are not providing any details about the offers or revealing the identity of any bidder.

A statement from Tom Mulligan, a spokesman for Marsh who is based in New York, reads:

Qualifying bids have been received from numerous bidders. The Company, its advisors and the Creditors Committee are evaluating the bids.

The company has also released a series of financial statements detailing liabilities and assets of its full slate of grocery, real estate and distribution subsidiaries, as well as its intellectual property. There are 44 current Marsh locations. The company filed for Chapter 11 Bankruptcy protection in May. Marsh has said it would be forced to close all remaining stores if a buyer is not located and June 12 is the scheduled auction date for any qualified bidders.

  • Perspectives

    • (photo courtesy of Conexus)

      Getting the Word Out About Manufacturing & Logistics

      As the epicenter of the nation’s advanced manufacturing and logistics industries, Indiana has a compelling story to tell about how Hoosier companies make and move the goods people depend on every day. Our goal is to ensure everyone hears these stories – many of which share a common theme focused on cutting-edge technologies that are transforming the way products are made and moved around the world and the people who use them. Conexus Indiana launched an...



Company Name:
Confirm Email:
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections


  • Most Popular Stories

    • (photo courtesy of The Times of Northwest Indiana)

      Historic Hospital to be Torn Down in Gary

      A building that once represented the racial divide in the city of Gary, but long provided health care to the African American community, will soon fall to a wrecking ball. The city says it intends to raze the long-abandoned St. John’s Hospital. 

    • Photo courtesy of Indianapolis Motor Speedway

      Red Bull to Discontinue Air Race World Championship

      The Red Bull Air Race at the Indianapolis Motor Speedway, originally scheduled for October, has been canceled as a result of Red Bull's decision to discontinue the Air Race World Championship following the 2019 season. The company says the races scheduled between June and September in Russia, Hungary and Japan will run as planned. 

    • On-Air

      Find out when and where you can watch and listen to our reports.

    • The Honda Greensburg plant opened in 2008.

      Honda to Invest $4M, Add Jobs at Greensburg Plant

      The American Honda Motor Co. continues to invest in its Greensburg, Indiana plant as it has announced the factory will be producing the company’s first electrified sport utility vehicle in the U.S. The company says it will invest more than $4 million and add 34 new jobs in the plant to support production of the CR-V Hybrid.  

    • Eleven Fifty was previously headquartered at Launch Fishers.

      Eleven Fifty to Cut Ribbon on New Location

      Eleven Fifty Academy will cut the ribbon on its new downtown location September 23. The nonprofit coding academy says it will host a grand opening ceremony November 6.