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Express, Inc. Files Chapter 11, Receives New $35MM Financing Commitment to Support Ongoing Operations - News

Express, Inc. has received a non-binding letter of intent from a consortium led by WHP Global (“WHP”), and participants including a wholly owned indirect subsidiary of Simon Property Group, L. P. (“Simon”) and Brookfield Properties (“Brookfield”) for the potential sale of a substantial majority of the Company’s retail stores and operations.To. ....

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