Ann Taylor Parent Said Working With JPMorgan On Possible Sale -Bloomberg
20 February 2015 - 2:55PM
Dow Jones News
Ann Inc. (ANN) is working with JP Morgan Chase & Co. on a
potential sale has contacted possible suitors including rival
retailers in recent weeks, Bloomberg reported Friday, citing people
with knowledge of the matter.
The New York-based retailer said in a regulatory filing in
October that it was reviewing strategic options.
Ann is in talks with at least two buyout firms, two of the
people said, and the company has also considered selling a stake or
preferred shares to a private equity firm, one other person
said.
Full story at
http://www.bloomberg.com/news/articles/2015-02-19/ann-taylor-parent-is-said-to-be-working-with-jpmorgan-on-sale
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