Party City IP and Wholesale Operations Acquired for $20M

Bankrupt specialty retailer Party City has found a buyer, reports NJBiz.com. During a Feb. 6 auction, party goods supplier New Amscan PC LLC emerged a

Bankrupt specialty retailer Party City has found a buyer, reports NJBiz.com. During a Feb. 6 auction, party goods supplier New Amscan PC LLC emerged as the tentative winner for most of Party City’s intellectual property (IP) and related wholesale operating intangible assets, as well as “a significant portion” of the brand’s real estate lease portfolio. […]