Investors Should See Payout In Syms, Filene's Ch. 11: Atty
Jay Goffman of Skadden Arps Slate Meagher & Flom LLP, an attorney for the affiliated companies, said that Syms, unlike Filene’s, owns the real estate that its stores occupy and these “very valuable” assets would likely generate enough cash for some return to equity.
“It’s rare on...
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