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Einhorn Transforms BioFuel Energy Into A Real Estate Business

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Mani
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BioFuel Energy Corp., the former ethanol producer, has transformed into Green Brick Partners Inc (NASDAQ:GRBK) , a successful homebuilder, with David Einhorn becoming its chairman and James Brickman taking up the CEO position.

Of note, BioFuel Energy Corp has completed its previously announced $275 million cash-and-stock deal to acquire the equity assets of JBGL Builder Finance LLC and certain subsidiaries of JBGL Capital LP.

Einhorn Transforms BioFuel Energy Into A Real Estate Business

Einhorn’s acquisition of BioFuel Energy

In March, Greenlight Capital, founded...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports