Wet Seal spikes 11.5%, Clinton Group exploring take-private deal

|About: The Wet Seal, Inc. (WTSL)|By:, SA News Editor

8.1% shareholder Clinton Group is exploring a take-private deal of Wet Seal (WTSL).

Update: in conjunction, the fund has expanded its stake in the company from 7.7% to 8.1%. (SC 13D/A)

WTSL +5.4% after being down as much as 6.1% on the day.