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Hedge Fund's $26.2M Bid Tops Ch. 11 Auction For Aerogroup

By Jeff Montgomery (February 16, 2018, 8:28 PM EST) -- Hedge fund Alden Global Capital emerged as the apparent winning bidder in Delaware on Friday for bankrupt shoe retailer Aerogroup International Inc., with a $26.175 million bid that capped a nearly 24-hour, sometimes "testy," marathon auction....

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