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Bain Capital, Golden Gate Allegedly Competing To Acquire Ann Taylor Parent Company
Wednesday, March 4, 2015 - 1:24pm | 172Read More...Shares of Ann Inc (NYSE: ANN) were up 8 percent Wednesday after Reuters reported that two private equity firms are allegedly competing to acquire Ann. The firms involved are Bain Capital LLC and Golden Gate Capital Corp, a source familiar with the issue said. Others could become interested soon,...
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3 Takeover Targets In The Retail Sector
Wednesday, September 3, 2014 - 12:25pm | 744Read More...In the IntraLinks Deal Flow Indicator Q2 report, IntraLinks VP of strategy & product marketing, Matt Porzio said one of the sectors showing strong levels of early-state M&A activity was consumer, which includes retail. According to Porzio, "Consumer deals … are expected...
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Shares Of Ann Spike Higher; Company Hires Bankers To Weigh Potential Sale
Tuesday, August 26, 2014 - 12:40pm | 149Read More...Shares of Ann (NYSE: ANN) were trading higher on Monday as news reports surfaced that investors including Engine Capital and Red Alder have engaged the company's management to explore strategic alternatives. The group of investors believe that the women's apparel retailer could be...
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S&P 500 Hits 2,000 Milestone As Bullish Momentum Continues
Monday, August 25, 2014 - 4:49pm | 2139Read More...U.S. stocks were higher on Monday as the S&P 500 traded above the 2,000 mark for the first time ever, creating a new historical intra-day high of 2001.94. The S&P 500's milestone came on a relatively quiet day for stocks. A light news-load isn't necessarily a bad thing for the...
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Ann Up 5% As Shareholder Argues For Sale
Monday, August 25, 2014 - 9:29am | 240Read More...Ann (NYSE: ANN) gained more than five percent in pre-market activity after a one percent stakeholder went public with its desire to boost shareholder value. The apparel retailing chain, which has seen flat or declining same-store sales recently, could be worth between $50 and $55 per share to a...
