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