Filene's Basement bought out of bankruptcy by Vornado, Syms

06/16/2009 | Bloomberg

Vornado Realty Trust and Syms Corp. have successfully purchased Filene's Basement out of bankruptcy for about $63 million, Bloomberg News reported, quoting people with knowledge of the transaction. The bankruptcy effectively defeated an attempt by Men's Wearhouse to buy the bankrupt company's assets, the sources said.

View Full Article in:


Published in Brief: