Daily News: March 27, 2014

WSJ: Brookstone Prepares For Bankruptcy Filing

According to the Journal Brookstone, of Merrimack, NH, has been evaluating bidders for the company, including its bondholders led by KKR and Canyon Partners, after missing an interest payment to creditors in January, the sources said.

The Journal sources said further Egg Harbor Township, NJ-based Spencer Spirit Holdings, which owns Spencer’s and costume retailer Spirit, has been in discussions with Brookstone for weeks.

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