Apparel retailer Cache files for bankruptcy

Cache

04/02/2015 11:28

Feb 4 (Reuters) - Apparel retailer Cache Inc  CACH.O  filed 
for Chapter 11 bankruptcy protection and the company said it was 
seeking a "stalking horse" bidder for its assets. 
    The company said it had received commitment for 
debtor-in-possession financing of up to $22 million from Salus 
Capital Partners LLC.  ID:nGNXVCRHWa  
    The mall-based retailer said in December that it was 
evaluating strategic alternatives and had received an inquiry 
regarding a potential sale.  ID:nBw4F6V77a      
     
 
 (Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by 
Kirti Pandey) 
 ((sruthi.ramakrishnan@thomsonreuters.com; Within U.S.+1 646 223 
8780, outside U.S. +91 80 6749 1130; Reuters Messaging: 
sruthi.ramakrishnan.thomsonreuters.com@reuters.net)) 
 
Keywords: CACHE BANKRUPTCY/