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    Saved In The NECCO Time! Bankrupt Candy Company Sold At Federal Auction

    The 171-year-old New England Confectionery Co. — known for its iconic wafers and Valentine hearts with witty phrases — was sold to the family-owned Ohio-based Spangler Candy Company for $18 million.
    by Laurel Dalrymple May 24, 2018 2 minutes
    Workers sort NECCO Wafers at the New England Confectionery Co. in Revere, Mass. The Ohio-based Spangler Candy Company made the winning bid for NECCO, which filed for bankruptcy in early April.

    NECCOmaniacs, take heart!

    The bankrupt New England Confectionery Co., primarily known for its chalky sugar wafers and Valentine's Day candy conversation hearts, received an $18.83 million winning bid from Ohio-based Spangler Candy Company, maker of Dum Dum lollipops and Circus Peanuts, at a federal bankruptcy auction in Boston on Wednesday.

    And while the future of NECCO candy is still uncertain, the deal may keep

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