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The Jacobs Group owned Eaglerock Propane and Horizon Propane. It was active in attempts to take control of Level Propane since before the bankruptcy was filed. It entered into a management agreement with Level Propane in October, 2002, in which it offered to lend operating capital, manage the going concern until it could be sold and proposed terms of purchase. It entered this agreement after the Bank Group refused to extend further operating credit for the 2002-2003 heating season. See Eaglerock Propane and Horizon Propane.
See Link to: Sale Order
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