(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
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