How a risky state investment in seafood cost Alaskans millions and left a fishing town in crisis There were warning signs ahead of the bet on Peter Pan Seafood, which is expected to cost Alaskans more $29 million.
Original Peter Pan Seafood investor wins auction for troubled company's assets Rodger May, an entrepreneur and fish trader, narrowly beat out another industry player, Silver Bay Seafoods, with his $37.3 million bid. The sale must still be approved by a Seattle court.
