DES PLAINES, Ill. (AP) -- Workers at a suburban Chicago suit maker say they hope a new offer for the company will avoid liquidation.
Union officials said Wednesday that London-based Emerisque has offered in excess of $100 million for Hartmarx Corp.
But Workers United Treasurer Joe Costigan says Wells Fargo still is trying to liquidate the company.
Hartmarx filed for Chapter 11 bankruptcy protection in January.
The clothier makes suits for President Barack Obama, including one he wore Election Night in Chicago.
Workers say they plan to fight liquidation, even promising to stage a sit-in if necessary.
Emerisque let a previous bid for Hartmarx expire earlier this month.
Costigan made his remarks at a picnic and rally in Des Plaines.