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Barneys Bankruptcy Judge Signs Off on Deal to ABG, But Time Remains for Rival Offers

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On Thursday, a bankruptcy court approved Authentic Brands Group’s $271.4 million offer to acquire bankrupt Barneys New York, but the sale isn’t official until the deal closes and the clock expires, which could buy just enough time for hasty hopefuls to swoop in with a competing offer. A rival bidder could keep Barneys’ stores open and…

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