Teenagers Archive

Aeropostale Discusses Sale

NEW YORK, United States — Aeropostale Inc has been negotiating a potential sale to private equity firm Versa Capital Management LLC that would save thousands of jobs at the bankrupt US teen retail chain and keep many of its stores open, according to a court filing. Versa, which specialises in distressed investments, would pay an undisclosed amount of cash for Aeropostale’s inventory and take on …