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  • The Wall Street Journal2 months ago

    [$$] Pacific Sunwear Wins Approval to Put Restructuring Plan to a Vote

    Teen retailer Pacific Sunwear of California Inc. won court approval Monday to put its reorganization plan to a creditor vote.

  • The Wall Street Journal2 months ago

    [$$] PacSun Offers Slim Recovery to Unsecured Creditors

    Private-equity lender Golden Gate Capital is poised to take control of Pacific Sunwear through the chapter 11 plan.

  • American City Business Journals2 months ago

    ​PacSun cancels bankruptcy auction

    Surfwear brand Pacific Sunwear of California Inc. has canceled a planned auction of its assets following its acquisition by private equity firm Golden Gate Capital. San Francisco-based Golden Gate Capital will acquire Anaheim-based PacSun and take 100 percent ownership in the company, reported the Orange County Register. PacSun filed for bankruptcy protection in April , shortly after reporting a fourth-quarter loss of $10 million.