State officials had said before Saturday's auction that it had discussed a partnership with a timber consortium.
The Evansville newspaper reported that the highest offer was $23.9 million, which includes a 3 percent buyer's premium over the $23.3 million high bid offered at Saturday's auction at Union County High School. The Evansville report also quotes a Kimball official as suggesting that another auction might be possible.
We will continue following this story and report details as they are available.
Read more in blog below or at the Evansville Courier online.
