Here's what we are reading this morning:
Ascnea (ASNA) Stock Surges as Explores Sale of Dressbarn Chain - Bloomberg
Blackpool Football Club Offered for Sale by Hilco Global
Subway Closings Accelerate as Cold-Cut Subs Don't Draw in Diners - Bloomberg
J.C. Penney Loan Error Spooks Market Wary of Aggressive Shorts - Bloomberg
WeWork's Rapid Growth Has Some Lenders Cautious Over Losses - Bloomberg
Sizmek Files Voluntary Chapter 11 Petitions
Struggling Roberto Cavalli to Seek Deal with Creditors | BoF
Roberto Cavalli Closes US Stores, Will Liquidate North America Operations | BoF