Sports Authority Abandons Hope of Reorganizing and Opts for Liquidat...

04/26/16


Wall Street Journal

Sports Authority Abandons Hope of Reorganizing and Opts for Liquidation
Wall Street Journal
”It has become apparent that the debtors will not reorganize under a plan but instead will pursue a sale,” Mr. Klyman told Judge Mary Walrath at a hearing in the U.S. Bankruptcy Court in Wilmington, Del. Loaded with more than $1.1 billion in debt ...
Sports Authority gets tentative offers to sell storesHonolulu Star-Advertiser
Sports Authority gives up on survival, auction set for May 16 report saysFOX31 Denver
Sports Authority is looking to buyers to save its dying businessBusiness Insider

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