By  on October 18, 2019

Barneys New York’s push to secure a stalking-horse bidder paid off with a $271.4 million deal with Authentic Brands Group and lender B. Riley Financial Inc. But the prospect of other bids surfacing in the coming days still leaves some mystery about what the luxe retailer’s reincarnation will look like.     

The ABG-led bid covers Barneys’ assets — including its web site — as well as its intellectual property and lease designation rights. If ABG’s bid is successful, it would have a window of time to continue negotiating with the company’s landlords as it decides whether to drop or assume those leases. 

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