PacSun Axes Ch. 11 Auction For $88M Debt-Equity Swap

PacSun Axes Ch. 11 Auction For $88M Debt-Equity Swap

Pacific Sunwear of California Inc. told the Delaware bankruptcy court Friday that it cancelled its auction and is set to go with an $88 million debt-for-equity swap with affiliates of Golden Gate Capital that acted as a stalking horse offer to spur bidding ...read more

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