Home › UPDATE 1-Hedge funds say Ann Inc could be worth $65/shr in potential sale
 

Keywords :   


UPDATE 1-Hedge funds say Ann Inc could be worth $65/shr in potential sale

2014-09-16 01:03:38| Apparel - Topix.net

Hedge funds Red Alder LLC and Engine Capital again urged Ann Inc to consider a sale to a private equity firm or another apparel company, stepping up pressure on the women's retailer to improve its performance. A sale to retailers like Chico's FAS Inc, Ascena Retail Group, J.Crew or Fast Retailing Co Ltd, could fetch a price between $60 to $65 per share for the Ann Taylor parent, the hedge funds said in an investor presentation on Monday.

Tags: sale update potential worth

Category:Consumer Goods and Services

Latest from this category

All news
25.11From eyesore to asset: How a smelly seaweed could fuel cars
24.11Young people who refuse to work to lose benefits - minister
24.11'I was scammed out of 75k by Martin Lewis deepfake advert'
23.11'Trust and reserve judgement' on rebrand, says Jaguar
23.11UK wants to hire EU negotiator to 'reset' relations
23.11Sisters build global beauty brand from a garage
23.11Versace bag for 15: Why Christmas shoppers are choosing charity shops
23.11'We are being robbed': Homeowners feel trapped by rising fees
Consumer Goods and Services »
25.11Dr.
25.112BOX
25.11 Bianchi roma4
25.11PS3 CECH-2000A HDD1TB
25.11
25.11
25.11SUN FRAME B2 51.5×72.8cm
25.11 Jack Bunny
More »