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.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus