WPG - Washington Prime agrees to delay bankruptcy deadline by two weeks - Bloomberg

Marcus Lindstrom/iStock via Getty Images Washington Prime Group ((WPG)) agrees to delay certain key bankruptcy deadlines to Aug. 30 from Aug. 12, after its equity committee challenged the speed of the proceedings,  Bloomberg reports, citing WPG's lawyer in a hearing on Thursday. The equity committee wanted Judge Marvin Isgur to delay the case in order to analyze the WPG's proposed sale to SVPGlobal. if WPG receives a topping bid, the confirmation hearing will be pushed to Sept. 13, Bloomberg reports. In June, Washington Prime restructuring plan calls for $950M in debt reduction

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Washington Prime agrees to delay bankruptcy deadline by two weeks - Bloomberg