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American Apparel's new meltdown imperils Goldman Sachs stake
Published Wed, Nov 16, 2016 · 09:50 PM
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Wilmington, United States
GOLDMAN Sachs Group Inc and three other investors stand to lose as much as US$123 million after taking a chance on American Apparel Inc, only to see the troubled clothing maker file for bankruptcy for the second time in 13 months.
Goldman Sachs Asset Management LP, Monarch Alternative Capital LP, Coliseum Capital Management LLC and Pentwater Capital Man…
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