Seeking Alpha

Rue21 buyout complete, but painful lesson for bankers remains

  • The acquisition of Rue21 (RUE) by funds advised by Apax Partners has been completed at the appointed $42 per share.
  • The buyout ended up leaving a few investment banks scrambling when Rue21's sales slump affected debt pricing.
  • Analyst think the fallout could mean a more conservative stance by bankers in future retail M&A deals.
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