Bloomberg: Aeropostale weighing investment, sale options

Bloomberg reports Aeropostale (ARO) is working with Barclays to explore investment options such as a convertible note sale or a PIPE transaction, and is also "weighing a straight-up sale."

Reuters reported two weeks ago the struggling apparel retailer is open to a PIPE deal. Activist investor Crescendo Partners has been pressing Aeropostale to look for a buyer.

ARO +3.6% AH.

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Comments (4)
  • mmikeyphilly
    , contributor
    Comment (1) | Send Message
    Too bad they waited until the stock was at the level it is now. Perfect example of a good company run into the ground by poor management. Where were the members of the board, or the CEO? Probably in the bathroom hiding.
    25 Feb 2014, 08:35 PM Reply Like
  • stratmam
    , contributor
    Comments (2) | Send Message
    Maybe they should hire a couple of teenagers to advise them on the latest trends that teens are into. They obviously have had there heads in a place where the sun don't shine.
    25 Feb 2014, 09:21 PM Reply Like
  • sony809
    , contributor
    Comment (1) | Send Message
    Sorry but really someon with solid arguments can tell me the real value of this stock??
    26 Feb 2014, 06:42 AM Reply Like
  • Felixfefe
    , contributor
    Comment (1) | Send Message
    They get what they deserve...


    Recently, they have been firing good people for minor infractions.


    Cutting overhead by cutting people, and by firing.


    Fired = no unemployment check.
    26 Feb 2014, 06:45 AM Reply Like
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