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Aeropostale Accuses Sycamore Partners of 'Loan to Own' Scheme

Bankrupt U.S. teen retailer Aeropostale filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own” scheme to push the chain into bankruptcy.
Source: Aeropostale
By
  • Reuters

NEW YORK, United States

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