American Apparel has received a new $300 million buyout offer from Hagan Capital Group and Silver Creek Capital Partners as its bankruptcy case nears its close. The latest buyout offer is backed by the founder and former chief executive Dov Charney, who was ousted by his own board in 2014.
American Apparel rejected $200 million bid from Charney
In October, American Apparel filed for Chapter 11 bankruptcy protection as it sought to restructure its debt...