Syms Corp. yesterday won bankruptcy court confirmation of a chapter 11 plan that will see the former retailer renew its life as a real estate owner, Dow Jones DBR Small Cap reported today. Rather than throwing all its real estate on the bankruptcy auction block at distressed prices, Syms fashioned a plan that allows it to wait for the right time and the right price before selling. The company's advisers estimate the real estate is worth $147 million.
