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Nov 13, 2020 · The sale of intangibles and the execution of a stalking horse bid for the assets was announced by Hilco Streambank. Stein Mart, which is a majority-owned subsidiary of Retail Ecommerce Ventures, signed the floor bid at a purchase price of $4,001,800.
Oct 18, 2019 · Barneys Reveals $271M Stalking-Horse Deal Famed retailer Barneys New York has secured a “stalking horse” agreement for $271.4 million with Authentic Brands Group and lender B. Riley Financial Inc. What’s a stalking horse deal anyways? An initial bid on a bankrupt company’s assets the sets the bar for the low-end bid, essentially it can only go up from here.
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