By  on June 18, 2009

A Delaware bankruptcy court on Wednesday evening approved the sale of the assets of bankrupt Filene’s Basement to SYL LLC.

SYL is a wholly owned subsidiary of Syms Corp. Syms and its financial investor, Vornado Realty Trust, on Monday won the bidding for Filene’s at $62.4 million for 23 stores, as well as fixtures and inventory.

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