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Sam Ash Approved For Ch. 11 Sale Process With Baseline Bid

By Vince Sullivan (June 5, 2024, 7:47 PM EDT) -- Bankrupt music store chain Sam Ash Music Corp. received approval Wednesday from a New Jersey bankruptcy judge for procedures governing its Chapter 11 asset sale process after negotiating concessions with its lenders, the official committee of unsecured creditors and the U.S. Trustee's Office....

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