Tag Archives: sell quota and lease it back

American Seafoods refutes quota sale reports – Total Speculation?

American Seafoods Group refutes it is looking to sell quota and lease it back, after media reports surfaced stating this was underway on March 26. A statement from the company dismissed a media report, from Intrafish, asserting that American Seafoods is pursuing a proposed deal where an “investor or investors would acquire only American’s quota holdings, then lease that quota back for American Seafoods to harvest”. Read more here  11:28