Monomoy Buying Atlantis Plastics Unit

Monomoy Capital Partners has received bankruptcy court approval to acquire the molded plastics business of Atlantis Plastics Inc. for $20.7 million. The court also signed off on AEP Industries Inc. (Nasdaq: AEPI) buying Atlantis Plastics’ plastic films unit for $87 million in cash. www.atlantisplastics.com