LOS ANGELES, July 26, 2017 /PRNewswire/ — BCBG Max Azria Group, LLC (“BCBG” or the “Company”) is pleased to announce that the United States Bankruptcy Court for the Southern District of New York has confirmed the Company’s comprehensive restructuring plan which contemplates the sale of substantially all the assets of the Company and certain of its affiliates to Marquee Brands LLC and Global Brands Group Holding Limited.
The transactions with Marquee and Global Brands are expected to be completed shortly and are anticipated to close on or before July 31, 2017.
“BCBG has accomplished its goal to remain a viable, creative and strong brand through the sale transactions with Marquee and Global Brands,” said Marty Staff, Actin…
Read the full article at: http://markets.businessinsider.com/news/stocks/Court-Confirms-BCBG-Comprehensive-Restructuring-Plan-1002206585