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Business
Bankruptcy judge approves sale plan for Boscov'sPublished 10/02/08
WILMINGTON, Del. (AP) — A Delaware bankruptcy judge on Wednesday approved fast-tracked plans for an auction sale of Pennsylvania-based department store chain Boscov's later this month. Judge Kevin Gross accepted Boscov's proposed bid deadline of Oct. 15, followed by an auction on Oct. 20 and sale hearing the next day. Boscov's attorney David Heiman told the court that investors interested in bidding for Boscov's want assurances that they will be able to take advantage of sales during the upcoming holiday shopping season. "The survival of Boscov's as a going concern is greatly at risk unless we are able to...
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