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Dov Charney Publishes Farewell to American Apparel on Medium

2016-01-27 03:37:56| Apparel - Topix.net

A US bankruptcy court judge approved American Apparel's plan to reorganize and repay its creditors yesterday, the Los Angeles Times reports, rejecting ousted AA founder Dov Charney's attempts to derail the restructuring plan with a $300 million takeover bid. The decision renders Charney's large ownership stake in AA worthless.

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