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Mall operators buy teen clothing chain Aeropostale

Mall operators buy teen clothing chain Aeropostale

(Bloomberg)—A consortium led by mall operators Simon Property Group Inc. and General Growth Properties Inc. won an auction for the assets of Aeropostale Inc., with a plan to keep open 229 of the the bankrupt teen retailer’s 800 stores. The bidding group will also keep the chain’s online business and licensing operation up and running, […]

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