American Apparel Receives Takeover Bid as Reorganization Plan Is Approved

Los Angeles—American Apparel, the Made-in-USA retailer that went bankrupt last fall, announced today that its creditors approved its reorganization plan. Coincidentally, the retailer got a $300 million buyout offer backed by ex-CEO/Founder Dov Charney who was ousted from his post last year. Hagan Capital Group and Silver Creek Capital Partners said their offer is a […]

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