Bon-Ton Gets Interim $725M DIP OK, Beats Liquidation Push
By Jeff Montgomery ( February 6, 2018, 5:05 PM EST) -- Bankrupt department store chain Bon-Ton Stores Inc. secured interim approvals Tuesday for a $725 million debtor-in-possession loan and a 42-store closing plan after overcoming arguments that its more than $1 billion restructuring effort should be dropped in favor of liquidation....
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