$ARO halted waiting on news. Aeropostale (NYSE: A
Post# of 22755
Posted On: 04/21/2016 1:57:33 PM
$ARO halted waiting on news.
Aeropostale (NYSE: ARO) is preparing to file chapter 11 bankruptcy as soon as this month, according to Bloomberg, citing people familiar with the matter. The company is attempting to work out a loan to finance operations during the bankruptcy process, the report said.
A deal to avoid the filing or find a buyer could still emerge.
I don't know how legit this is but it's circulating:
http://www.streetinsider.com/Corporate+News/U...28135.html
Aeropostale (NYSE: ARO) is preparing to file chapter 11 bankruptcy as soon as this month, according to Bloomberg, citing people familiar with the matter. The company is attempting to work out a loan to finance operations during the bankruptcy process, the report said.
A deal to avoid the filing or find a buyer could still emerge.
I don't know how legit this is but it's circulating:
http://www.streetinsider.com/Corporate+News/U...28135.html
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