Thursday, April 5, 2018

Two mall owners may bid jointly on bankrupt Bon-Ton Stores Inc.

Journal Sentinal

Two companies that own shopping malls are talking with Bon-Ton Stores Inc. about buying the bankrupt retailer, a report says.

Reuters, citing people familiar with the matter, reported that Namdar Realty Group, of Great Neck, N.Y., and Washington Prime Group, of Columbus, Ohio, could bid to acquire Bon-Ton out of bankruptcy.

Wednesday was the deadline for bids on Bon-Ton in U.S. Bankruptcy Court in Delaware.. . . more