Filene

http://www.makroserver.com/article/Thermaltake-Working-On-Affordable-Compact-Phase-change-Cooling-.html
The two companies said they willpay $62. 4 million for Filene's, according to . Approvao of the sale is subjecg to a hearing set for Wednesdayt before a federal bankruptcy judgein Filene’s had originally agreed in earlh May to sell most of its storea and assets to Crown Acquisition for $22 million in a deal that left the door open for competingv bids. Men’s Wearhouse then emerged as the winninf bidder inan auction, agreeing to pay $67 millionb for Filene’s. Crown objected to the Men’s Wearhouse saying the transaction didn’t follow biddin g procedures.
In a second court-supervised auction, Syms and Vornado emergecd as the winning bidder It was not clear if Syms woulr acquire allof Filene’s stores. Both Men’s Wearhouse and Crownm had planned to acquire and keep open a but not allof Filene’s Filene’s Basement filed for bankruptcu protection just months after closingh several locations. This is Filene’s Basement’x second bankruptcy filing. The 100-yead old retailer filed for bankruptcyt protection in 1999as well.