By  on April 23, 2009

Three firms — Mistral Equity Partners, Emerisque and Yucaipa Cos. have emerged as the finalists in the bidding for bankrupt Hartmarx Corp. as a going concern.

New York-based Mistral Equity Partners is said to have submitted the highest bid of the three private equity firms vying for the Chicago-based clothing and sportswear supplier, which filed for Chapter 11 bankruptcy protection in late January. The amounts of the bids could not be determined at press time.

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