Shopko Stores prepare for bankruptcy: Bloomberg

Shopko Stores, which is owned by Sun Capital Partners, has failed to find a buyer and is preparing for a bankruptcy filing, Bloomberg reported. Shopko is a general merchandise chain that Sun Capital acquired in 2005 for about $1.1 billion, the story said.

Do you want exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more? Get your FREE trial to Buyouts! Or subscribe now!