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Philip Green?s Arcadia Staves Off Collapse With Creditor Vote


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The New York Times
SOURCE: https://www.bloomberg.com/news/articles/2019-06-12/philip-green-s-arcadia-staves-off-collapse-with-creditor-vote
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Summary

Billionaire Philip Green kept his retail empire alive after a majority of creditors voted in favor of a rescue package involving rent cuts and store closures.

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