Brief: Lxrandco Comments On Bon-Ton Stores Bankruptcy Proceedings And Wind-Down Of Operations

Bon-Ton Stores

20/04/2018 12:03

April 20 (Reuters) - LXRandCo Inc  LXR.TO :
    * LXRANDCO COMMENTS ON BON-TON STORES BANKRUPTCY PROCEEDINGS
AND
WIND-DOWN OF OPERATIONS
    * LXRANDCO INC - LXRANDCO CURRENTLY HAS "SHOP-IN-SHOP"
LOCATIONS
AT 14 BON-TON STORES
    * LXRANDCO INC - CO HAS LEGAL OWNERSHIP TITLE TO ALL OF
INVENTORY
AND STORE FIXTURES AT ITS "SHOP-IN-SHOP" LOCATIONS WITHIN
BON-TON STORES
    * LXRANDCO INC - EXPECTS TO RECLAIM ALL SUCH INVENTORY AND
FIXTURES IN AN ORDERLY MANNER OVER ENSUING WEEK
    * LXRANDCO INC - LXRANDCO ANTICIPATES NO MATERIAL FINANCIAL
IMPACT
FROM CLOSING OF 14 BON-TON STORES WITH LXRANDCO LOCATIONS

Source text for Eikon:  ID:nCNWHz96Xa 
Further company coverage:  LXR.TO 

 (Reuters.Briefs@thomsonreuters.com)