Insights: In the News Kilpatrick Townsend's David Posner Serves as Counsel to Wilmington Savings Fund Society in Acquisition of Rights to Bon-Ton Stores' Assets
B. Riley Financial, Inc. subsidiary, Great American Group, LLC; Tiger Capital Group, LLC; and Wilmington Savings Fund Society FSB as indenture agent and collateral trustee for the second-lien noteholders today announced that they will jointly acquire rights to the merchandise, real estate, intellectual property and certain other assets of Bon-Ton Stores, Inc. and its subsidiaries for an aggregate purchase price of approximately $780 million. Kilpatrick Townsend's David Posner represented Wilmington Savings Fund Society.
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