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

  • 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.
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