ABC Carpet & House to be acquired

Day-to-day retail operations for ABC Carpet & House are anticipated to proceed as standard whereas the corporate enters a stalking horse settlement with 888 Capital Companions.

NEW YORK — High 100 retailer ABC Carpet & House will possible have a brand new proprietor quickly.

As indicated in an Oct. 21 submitting with the U.S. Chapter Courtroom for the Southern District of New York, an settlement is in place for the belongings of the bankrupt retailer to be acquired by 888 Capital Companions, a stalking horse bidder and the one entity to submit a professional bid by the bid deadline.

Consequently,

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