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Path opens up for Aeropostale rescue

8/9/2016

Bankrupt Aeropostale Inc. may not be going out of business after all.



The teen apparel chain has resolved a dispute with lenders that threatened to sink a potential bid from a unit of Versa Capital Management to buy the chain out of bankruptcy, Bloomberg reported.



Versa would keep about 500 Aeropostale stores open, according to the report.



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