BREAKING NEWS: Linden Lumber foreclosure sale cancelled

Published 12:00 am Thursday, September 6, 2007

The foreclosure sale of Linden Lumber has been cancelled. A settlement has been reached between the company and Federal Land Bank of South Alabama to sell the loan to Wachovia Bank. Wachovia, which is the company’s working capital lender, has cancelled the foreclosure sale. See Friday’s edition of The Times for full details.