PHILADELPHIA & FOOTHILL RANCH, Calif.--(BUSINESS WIRE)--Versa Capital Management, LLC (“Versa”) announced today that one of its affiliates has completed the previously announced acquisition of the business of The Wet Seal, Inc., a pioneer in young women’s fast fashion retailing through mall stores and e-commerce. The transaction was approved by the United States Bankruptcy Court for the District of Delaware on April 1, 2015. The new company, known as The Wet Seal, LLC (“Wet Seal”), will maintai
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