(Reuters) – Private equity firm Golden Gate Capital is in advanced one-on-one negotiations to acquire Ann Inc (ANN.N), in a deal that could value the parent of women’s retailer Ann Taylor at around $2 billion, according to people familiar with the matter.
A deal for the New York-based company could come together as early as next week should the negotiations prove successful, the people said on Wednesday. There is no certainty that a deal will be reached, the people cautioned… [READ MORE]
By Greg Roumeliotis and Olivia Oran
Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
