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The sweet premium Charming Shoppes commanded from Ascena for its buyout of the woman's clothing...
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Wednesday, May 2, 2012, 10:00 AM ETThe sweet premium Charming Shoppes commanded from Ascena for its buyout of the woman's clothing retailer seems to be helping push sector rivals higher on M&A speculation - despite major market indexes being awash in red. Advancers: NWY +2.7%, CBK +1.7%, LTD +0.8%, ANN +1.4%, FRAN +0.8%.
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