A Boston-based lobster company said Thursday it plans to complete its acquisition of the nation's last full-time sardine cannery by the middle of January despite snags that have put the purchase of the idled Maine plant months behind schedule.
The closing date for the former Stinson Seafood plant in Gouldsboro is now scheduled for Jan. 14, but the sale could occur before then, said Antonio Bussone, president of Live Lobster Co. Bussone plans to use the plant to handle lobsters and lobster bait but not to process sardines.
Bumble Bee Foods LLC closed the plant in April, costing nearly 130 jobs. The goal had been to complete the sale by early October.
The sale has been pushed back because of the complexity of the deal and a lawsuit that has forced Live Lobster to find a new lender to finance the purchase, Bussone said.
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