Brief: Bon-Ton Stores Announces Winning Bid In Bankruptcy Court-Supervised Auction

Bon-Ton Stores

18/04/2018 02:45

April 17 (Reuters) - Bon-Ton Stores Inc  BONTQ.PK :
    * THE BON-TON STORES, INC. ANNOUNCES WINNING BID IN
BANKRUPTCY
COURT-SUPERVISED AUCTION
    * SAYS ANNOUNCED WINNING BID IN AN AUCTION FOR COMPANY'S
ASSETS
HELD PURSUANT TO SECTION 363 OF U.S. BANKRUPTCY CODE
    * HEARING BY BANKRUPTCY COURT TO APPROVE SALE AND WIND-DOWN
OF
COMPANY'S OPERATIONS IS SCHEDULED FOR APRIL 18, 2018
    * SUBJECT TO BANKRUPTCY COURT APPROVAL, JV COMPOSED OF
HOLDERS OF
CO'S SECOND LIEN SECURED NOTES DUE 2021 WILL ACQUIRE INVENTORY
AND CERTAIN OTHER ASSETS OF CO

Source text for Eikon:  urn:newsml:reuters.com:*:nPn3Gb6h6a
Further company coverage:  BONTQ.PK 

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