ARO
Aeropostale Inc Common Stock
NYSE
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0.150.00 (0.00%)
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As of 8:06 PM EDT. Market closed.
  • Reuters23 hours ago

    Aeropostale accuses Sycamore Partners of 'loan to own' scheme

    Bankrupt U.S. teen retailer Aeropostale filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own” scheme ...

  • Reuters3 days ago

    Aeropostale to challenge Sycamore's status as creditor

    The fight between Aeropostale and Sycamore stands out from other bankruptcy cases of U.S. teen retailers, because very few of them triggered litigation. It could also complicate any effort by Sycamore to take over the retailer. The lawsuit, expected by Friday, would follow an investigation by Aeropostale over the past several weeks into whether Sycamore drove the company into bankruptcy, in part by making the terms of its debt investment in the company in 2014 deliberately onerous.