Oaktree stands to get control of Quiksilver

2015-09-21T00:00:00

A federal bankruptcy court judge in Delaware has granted preliminary approval of a request made by Quiksilver on Sept. 9 to place its ten U.S. subsidiaries under Chapter 11 protection. It also approved in principle a “plan sponsorship agreement” (PSA) that would allow Oaktree Capital Management, holder of 73 percent ...

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