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ICON Aircraft Completes Sale of Company to SG Investment America
ICON Aircraft is pleased to announce the successful completion of its asset sale to SG Investment America. Substantially all assets of ICON Aircraft have been officially transferred, and the new company will continue to operate under the name ICON Aircraft. Outgoing CEO Jerry Meyer expressed his gratitude for his tenure at ICON Aircraft, stating, “It …
ICON Aircraft Secures Stalking Horse Bidder in Chapter 11 Sale Process
The proposed stalking horse bidder, SG Investment America Inc., has been designated to set the floor price for the sale of ICON’s assets. This step is aimed at maximizing value for the company’s stakeholders and facilitating a smooth transition through the bankruptcy process. “The decision to designate a stalking horse bidder underscores our commitment to …