A newly formed Iowa company bid $8.5 million for a struggling kosher slaughterhouse that was involved in a massive immigration raid last year.
SHF Iindustries bid for the Agriprocessors plant in US Bankruptcy Court in Iowa.
Another Agriprocessors asset, the Local Pride meatpacking plant in Gordon, Nebraska is not a part of the sale and will be sold separately.
Monday's hearing brings the sale closer to a conclusion after several failed attempts to sell the plant
A judge will decide on july 15 whether to sign off on the deal.