(AP) _ The president of a Canadian plastics plant and two partners have agreed to buy a struggling kosher slaughterhouse in northeast Iowa that was the site of a huge immigration raid in 2008.

Bankruptcy trustee Joe Sarachek says Hershey Friedman, president of Montreal–based Polystar Packaging, and two partners bought out the outstanding credit of Agriprocessors Inc., located in the town Postville.

The lines of credit were valued at $21 million, but Sarachek says the actual sale price is ``significantly less.''

The sale is pending a bankruptcy hearing, a date for which hasn't been set.

Agriprocessors filed for bankruptcy in November, about six months after federal immigration agents raided the plant and arrested 389 workers.

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