Forever 21 is moving forward with a sale to a group of buyers that includes Simon Property Group after no rival bidders qualified to challenge the offer
Forever 21 Inc. is moving forward with a sale to a group of buyers that includes Simon Property Group Inc. after no rival bidders qualified to challenge the offer, according to court filings.
A group made up of Forever 21’s biggest landlords—Simon and Brookfield Property Partners LP—along with Authentic Brands Group LLC, a brand licensing firm, has offered $81 million for the bankrupt fast-fashion retailer.
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