All of Joann's stores now set to close after new ownership group wins bid
After filing for Chapter 11 bankruptcy for the second time within a year, Joann's remaining assets were put up for auction.
Oaktree-Backed GA Group, Lenders Win Auction for Bankrupt Joann
A group of term loan lenders, along with GA Group, a liquidation firm backed by Oaktree Capital Management, won an auction to ...
Joann stores closing: Deal approved as fabric retailer plans to shutter all locations
The auction results that put Joann's assets under new ownership has been approved as the retailer plans to close its more ...
Wolverines Wire9d
Who bought Joann? New ownership group is partnership between GA Group, Joann lenders
Joann has a new owner. An exec representing the winning bidder said ownership will work to assist employees, keep most stores ...
All Joann stores, including Reno's, now set to close after new ownership group takes over
The retailer announced it will shut down operations at all stores after conducting going-out-of-business sales at each ...
Yahoo Finance9d
Who bought Joann? New ownership group is partnership between GA Group, Joann lenders
Winning bidder GA Joann Retail Partnership is a partnership between financial services company GA Group and Joann's term lenders, an attorney for Joann said on Friday. Term loans are payments of ...
Fast Company8d
Joann fabrics is going out of business and closing all stores after a turbulent bankruptcy process and sale
GA Group, an ‘asset disposition’ company, has emerged as the winning bidder of the beloved crafts retailer, which will wind down operations after 82 years. Fabric and craft retailer Joann Inc ...
St. Cloud Times6d
St. Cloud's Joann set to close after new ownership group wins bid, closing all locations
GA Group and Joann's term lenders won a bidding war for the company's remaining assets. The company aims to keep most stores open until the end of May. St. Cloud was led to believe its Joann ...