BOCA RATON, Fla. -- An affiliate of investment firm Sun Capital Partners here last week said it agreed to acquire the assets of BMK, a distributor of general merchandise that filed for bankruptcy protection in December, for $55 million in cash and the assumption of certain long-term lease obligations. Richard Craig, chief executive officer of BMK, City of Commerce, Calif., told SN that the company needed to be recapitalized and restructured after a string of acquisitions left it with a ...
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