Getting your player ready...
WILMINGTON, Del. — Linens ‘n Things Inc. won court permission to hire a liquidator to guarantee the bankrupt housewares retailer will collect at least $120.3 million from going-out-of-business sales at 120 underperforming stores, including four in Colorado.
A joint venture of Tiger Capital Group LLC and SB Capital Group LLC was named the lead bidder, or “stalking horse,” of a May 29 auction designed to name a liquidator.
