A group of term loan lenders, along with GA Group, a liquidation firm backed by Oaktree Capital Management, won an auction to acquire assets of bankrupt fabric and crafts retailer Joann and plan ...

Under the latest decision, all of the stores will close. The company said on Sunday that after a recent auction, financial services company GA Group, together with Joann’s term lenders, were selected ...

were selected as the winning bidder to “acquire substantially all of Joann’s assets” and would begin winding down the company’s operations and conduct going-out-of-business sales at all ...

A group of term loan lenders, along with GA Group, a liquidation firm backed by Oaktree Capital Management, won an auction to acquire assets of bankrupt fabric and crafts retailer Joann and plan to ...