Seeking Alpha

Crescendo Partners wants Aeropostale to sell itself

  • Crescendo Partners pushes Aeropostale (ARO) to sell itself pronto as it says it will refute any attempt of management to claim a turnaround of the retailer is around the corner.
  • The firm which owns 8% of ARO thinks a deal price in the $14 to $16 range could be struck.
  • ARO +2.1% premarket.
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