Brooks Brothers Seeks Court Approval For $305M Stalking Horse Bid
PYMNTS
JULY 24, 2020
Brooks Brothers is seeking court approval for a $305 million stalking horse deal it reached with SPARC Group LLC, which is partly owned by Authentic Brands Group (ABG). The retailer said it filed a motion in United States Bankruptcy Court for the District of Delaware to receive the go-ahead for the asset purchase deal with SPARC.
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