- Jones Group (JNY +4.8%) has officially been acquired by P-E firm Sycamore Partners for $15.00 per share in a $2.2B deal.
- The transaction is expected to close in Q2 of 2014.
- Shares of The Jones Group have been active ever since reports on the buyout first filtered out earlier in the month.
- Sycamore-JNY timeline
Deal done: Sycamore Partners nabs The Jones Group
Dec 20 2013, 10:28 ET