$ echo 'Build:          M1234BAAAANAAW9321.1
Location:       \\dreyers\builds468\INTEGRATION\M1234BAAAANAAW9321.1
Comments:       Build completed, labeled, and marked for retention.
Status:         Approved
BuildDate:      10/25/2012 12:51:25


Build:          M1234BAAAANAAW9321.2
Location:       \\crmbld01\Builds\FAILED\M1234BAAAANAAW9321.2
Comments:       The build is currently in a failed status.
Status:         Failed
BuildDate:      10/25/2012 19:37:17


Build:          M1234BAAAANAAW9321.3
Location:       \\freeze\builds427\INTEGRATION\M1234BAAAANAAW9321.3
Comments:       Build completed, labeled, and marked for retention.
Status:         Approved
BuildDate:      10/25/2012 19:43:28
' | perl -e'

local $/ = "";
my ( $build_date, $location );
while ( <> ) {
    next unless /status:\s+approved/i;
    my $date = sprintf "%04d%02d%02d%02d%02d%02d", ( /builddate:\s+(\d+)\D+(\d+)\D+(\d+)\D+(\d+)\D+(\d+)\D+(\d+)/i )[ 2, 0, 1, 3, 4, 5 ];
    if ( !defined $build_date || $build_date lt $date ) {
        ( $build_date, $location ) = ( $date, /location:\s+(.+)/i );
        }                                                           
    }    
print "$location\n";
'
\\freeze\builds427\INTEGRATION\M1234BAAAANAAW9321.3