Card retailer Clintons seals rescue deal that saves 2,500 jobs | Business

Clintons, the card retailer, has been bought out of administration in a deal that safeguards 2,500 jobs. The pre-agreed deal with the chain’s existing US owners comes after Clintons failed to win support from landlords for an insolvency procedure known as a company voluntary arrangement (CVA) under which it wanted to cut rents and close …

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