In the end, Forever 21 had no choice. The retailer agreed to an offer of $81 million from a group of buyers including Simon Property nGroup and Brookfield Property Partners, the Wall Street Journal reported Monday. It scrapped an auction after receiving no other qualified bids. A judge will consider approval of the sale in a Delaware court Tuesday. Forever 21 filed for bankruptcy in September. Last week, a court filing indicated that the retailer
source https://therealdeal.com/2020/02/10/forget-the-forever-21-auction-simon-property-group-brookfield-to-buy-retailer/
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