Nicklaus Potential buyer sees future for Benson Hill after bankruptcy

Image for article Nicklaus Potential buyer sees future for Benson Hill after bankruptcy
News Source : STLtoday.com

News Summary

  • Benson Hill grew from startup to unicorn in nine years, then saw its billion-dollar valuation evaporate in less than four years
  • The company expects to emerge from Chapter 11 proceedings by early June, probably with new owners and a new name
  • Benson Hill has sold its processing plants, gone to an “asset light” strategy and set its sights on the animal-feed market
Benson Hill grew from startup to unicorn in nine years, then saw its billiondollar valuation evaporate in less than four years.The agricultural technology firm has shed workers, moved out of its s [+5161 chars]

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