Brief: The Bon-Ton Stores Inc Announces Bankruptcy Court Approval Of Winning Bid

Bon-Ton Stores

19/04/2018 01:50

April 18 (Reuters) - 
    * THE BON-TON STORES, INC. ANNOUNCES BANKRUPTCY COURT
APPROVAL OF
WINNING BID
    * BON-TON STORES - U.S. BANKRUPTCY COURT APPROVED ASSET
PURCHASE
AGREEMENT BETWEEN CO AND A JOINT VENTURE
    * BON-TON STORES INC - UNDER APPROVED AGREEMENT, JOINT
VENTURE
GROUP WILL ACQUIRE INVENTORY AND CERTAIN OTHER ASSETS OF COMPANY
    * BON-TON STORES INC - JOINT VENTURE WAS WINNING BID IN AN
AUCTION
HELD PURSUANT TO SECTION 363 OF U.S. BANKRUPTCY CODE ON APRIL
16-17, 2018
    * BON-TON STORES INC - JOINT VENTURE COMPOSED OF HOLDERS OF
CO'S
8.0% SECOND LIEN SECURED NOTES DUE 2021, GREAT AMERICAN GROUP
AND TIGER CAPITAL GROUP

Source text for Eikon:  ID:nPn1pqs4ma 
Further company coverage:  BONTQ.PK 

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