Bon-Ton Has a Bid in Hand from Mall Operators

In The Daily Scoop by Lauren Parker, Accessories MagazineLeave a Comment

Bon-Ton Stores has negotiated a bid from a group of investors that would keep the department store retailer alive and operating, according to a press release. The group, made up of financial firm DW Partners as well as real estate firms Namdar Realty Group and Washington Prime Group, has signed a letter of intent proposing a going-concern acquisition of Bon-Ton, which filed for Chapter 11 in FebruaryRead more at Retail Dive