Sale Motion Denied in Family Christian Bankruptcy Case

Sale Motion Denied in Family Christian Bankruptcy Case A United States Bankruptcy Court has denied the sale of Family Christian Stores, the largest retail Christian chain in the country, to FCS Acquisition (a company founded by FCS owners to buy back the business). The ruling was detailed in a memorandum decision filed on Thursday in Grand Rapids, Mich. Family Christian Stores, which has 266 locations in 36 states,¬†filed for bankruptcy in February¬†after several years of falling sales. The denial of…

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