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Efforts to find new AGI ownership hit a wall

 

The ownership of AGI Healthcare in Crandon appears to be at a point where closure and receivership are inevitable according to Mark Ferris Executive Director of the Forest County Economic Development Partnership.  Efforts over the past two weeks to secure a new owner have come to a point where negotiations are seemingly at an end.  As a result of a phone call with potential new owners late Friday, Ferris stated, “AGI insists on a purchase amount that will not work for the buyer.  There is such a difference in what is acceptable that the possibility is not going to happen at this time.”

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