AGOURA HILLS, Calif. (4/23/09) – Buxbaum Group said today that it is reviewing “all available options” for Filene’s Basement, which it acquired Wednesday through an affiliate company, FB II Acquisition Corp.
Scott Rusczyk, President of FB II Acquisition Corp., said that no changes to the operations, management, or board of directors of Filene’s have been made. “We are very pleased with the acquisition, and we are working with existing management and the company’s advisors to review all available business options,” he commented.
Advisors to Filene’s Basement include Alan Cohen, who was retained as Chief Restructuring Officer, and Pachulski, Stang, Ziehl & Jones LLP, which was retained as counsel.
Media Contact: Alan Cohen, Chief Restructuring Officer, Filene’s Basement, (201) 888-7500 or (201) 390-9600
Press Contacts: At Buxbaum Jewelry Advisors, Stevan Buxbaum, (612) 363-6517; at Parness & Associates Public Relations, Lisa Kreda or Bill Parness, (732) 290-0121 , Sale contact info.: Henricks Jewelers, Bonita Springs, Fla. |
