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Bain Capital, Golden Gate Allegedly Competing To Acquire Ann Taylor Parent Company
Wednesday, March 4, 2015 - 1:24pm | 172Shares 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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Shares Of Ann Spike Higher; Company Hires Bankers To Weigh Potential Sale
Tuesday, August 26, 2014 - 12:40pm | 149Shares 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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Ann Up 5% As Shareholder Argues For Sale
Monday, August 25, 2014 - 9:29am | 240Ann (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...