A suitor like Dickson Concepts could come to the table and obtain at least part of the company through a merger or acquisition.
That is one reason that Dickson Concepts would be a good match.
Saks Holdings has offered $290 million for the company and Dickson Concepts has bid $240 million.
Dickson Concepts has made a $240 million bid and Saks has offered $290 million.
Dickson Concepts (International) Inc., a Hong Kong company, has previously offered $240 million.
In 1987 ST Dupont was sold to Dickson Concepts.
Dickson Concepts could, however, increase its bid in response to the move by the creditors' committee.
Dickson Concepts has been one of several inquiries," said the person close to Barneys, who insisted on anonymity.
A spokesman for Dickson Concepts in Hong Kong told the Reuters news service that the company was considering a bid.