Sparc Group Makes Offer For Brooks Brothers
Wochit Business
2020-07-25
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Brooks Brothers filed bankruptcy on July 8th.
The company is over 200 years old.
Sparc Group LLC made a "stalking horse bid" of $305 million to purchase bankrupt suiting company Brooks Brothers
Authentic Brands Group expressed interest in purchasing the company on July 11.
Sparc Group has previously purchased other bankrupt retailers including Aeropostale and Forever 21.
The company is over 200 years old.
Sparc Group LLC made a "stalking horse bid" of $305 million to purchase bankrupt suiting company Brooks Brothers
Authentic Brands Group expressed interest in purchasing the company on July 11.
Sparc Group has previously purchased other bankrupt retailers including Aeropostale and Forever 21.
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