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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| J Crew Grp. | NYSE:JCG | NYSE | Ordinary Share |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 43.51 | 0.00 | 01:00:00 |
From Jun 2019 to Jun 2024
J. Crew Group Inc. (JCG) has been meeting with big institutional shareholders to try to persuade them to approve a proposed $3 billion buyout, fearing the deal might be rejected in a vote set for Tuesday, Bloomberg News reported Monday, citing three people familiar with the matter.
Private-equity firms TPG Capital and Leonard Green & Partners LP, which are trying to acquire J. Crew, were advised by a special committee of the clothing retailer's board to increase their $43.50-a-share offer to draw support of wary shareholders, two of Bloomberg's sources said.
TPG and Leonard Green had internal talks last week about possibly raising their bid, but it wasn't clear whether they would do so, according to the sources.
A spokeswoman for J. Crew declined to comment in an email to Bloomberg.
Full story at http://www.bloomberg.com/news/2011-02-28/j-crew-said-to-press-investors-over-buyout-weigh-higher-bid-to-win-votes.html
-Dow Jones Newswires; 212-416-2900
1 Year J Crew Grp. Chart |
1 Month J Crew Grp. Chart |
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