BioFuel Energy (BIOF -11.2%) slides after saying Tuesday night it has engaged Piper Jaffray to...

|About: BioFuel Energy Corp. (BIOF)|By:, SA News Editor

BioFuel Energy (BIOF -11.2%) slides after saying Tuesday night it has engaged Piper Jaffray to help it pursue strategic alternatives for asset sales in connection with a default by the company's operating subsidiaries. Through December, unpaid principal and interest totaled $8.2M.