Amazon filed an objection to Saks Global's bankruptcy financing plan on the grounds it could harm creditors and push the tech company further down the repayment pecking order. The …

9 hours ago · Amazon said its $475M stake in Saks is 'presumptively worthless' and warned it may seek 'more drastic measures' if Saks doesn't 'resolve' its concerns.

22 hours ago · Amazon is fighting to protect its $475 million investment amid Saks Global's bankruptcy, questioning the retailer's court proceedings.

8 hours ago · Amazon blasts Saks' bankruptcy plan as wiping out its $475M stake, threatening drastic action in court. After a failed Neiman Marcus merger, Saks fights for $1.75B financing …

11 hours ago · Amazon wants a federal judge to reject Saks Global’s bankruptcy financing plan, writing in court papers the beleaguered department store “burned through hundreds of millions …

Amazon challenges Saks Global Enterprises' Chapter 11 bankruptcy filing, arguing against the proposed $1.75 billion financing. Amazon had invested $475 million in Saks as part of their …