Boscov’s Sale Approved by Bankruptcy Court
admin on November 26th, 2008
If you are thinking of filing for bankruptcy get a free bankruptcy review, or file yourself with our bankruptcy forms for just $19.95. Thanks for visiting!
Bankruptcy courts have approved the sale of Boscov’s Department Store to a private investor firm. Boscov’s, a popular department store chain in the North Mid-Atlantic region of the nation, is being sold for $275 million to a investor group headed by family members of the Boscov’s family. The family is elated to be able to stay in the communities they have served for years. Boscov’s was forced to close 10 of it s 49 stores after it filed a Chapter 11 bankruptcy this past summer. The sale of Boscov’s will aid it over 5000 personnel stay employed.
