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5 things to know today and meet 2 new HBJ reporters - Houston Business Journal

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Tiger, SB360, Second Avenue Capital Provide $25MM Revolver to francesca's - News


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Tiger, SB360, Second Avenue Capital Provide $25MM Revolver to francesca’s
February 02, 2021, 08:35 AM
Francesca’s Holdings Corporation and Francesca’s Acquisition LLC, an affiliate of TerraMar Capital LLC, announced, after a fulsome auction and sale process under Section 363 of the United States Bankruptcy Code, that it completed the sale of substantially all of francesca’s® assets, including all inventory and the francesca’s® brand, to Francesca’s Acquisition LLC, Tiger Capital Group LLC (“Tiger”) and SB360 Capital Group, LLC (“SB360”).
francesca’s® will continue to serve its customers through at least 275 boutiques, its e-commerce channels and the Company’s existing Houston, TX headquarters. The new francesca’s® business has firm financial footing, which includes a new $25 mil ....

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francesca's Announces Court Approval of Sale Process and Entry Into Stalking Horse Asset Purchase Agreement

09.01.2021 - Bids due on January 13, 2021 at 5:00 p.m. (prevailing Eastern Time) Company Enters Into Stalking Horse Agreement With TerraMar Capital and Tiger Capital Group to Acquire Company as Going Concern, Subject to Higher and Better Offers . ....

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