Retailer Conn's Closing Stores In Bankruptcy, Gets DIP Loan
By Hilary Russ and Ben Zigterman ( July 24, 2024, 11:49 AM EDT) -- A Texas bankruptcy judge said on Wednesday that he will approve $25 million of debtor-in-possession financing to help fallen furniture and appliance retailer Conn's Inc. fund its Chapter 11 case, which includes plans to sell its consumer financing arm while holding going-out-of-business sales at its remaining locations....
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