Check Out Line: Boscov’s sold to private equity

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Check Out Line: Boscov’s sold to private equity
      

Check Out private equity gobbling up department store chain Boscov’s Department Store LLC, one of the latest retailers to get into trouble as customers reduce spending.
Boscov’s, which filed for bankruptcy protection last month, has agreed to sell most of its assets to private equity firm Versa Capital Management Inc. for an undisclosed amount.
Founded in 1911 by Solomon Boscov, who emigrated [...]
         

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