Sycamore Partners Archive

Sycamore Partners, Liquidators Bid on Bankrupt Aeropostale

NEW YORK, United States — Bankrupt U.S. teen retailer Aeropostale Inc received bids this week for its business from private equity firm Sycamore Partners, as well as liquidators, firms that wind down businesses, according to people familiar with the matter. Investment firm Versa Capital Management LLC did not submit a bid for the business, the people said. Versa had been preparing a stalking horse offer …