Seeking Alpha

Fred's moves higher on buyout interest

  • Sycamore Partners is considering a possible bid for Fred's (FRED +8.8%), according to Reuters.
  • Sources indicate Fred's could have another suitor in addition to Sycamore.
  • Sector watch: Despite sluggish sales trends in the apparel retail sector, a wave of buyout interest has cropped up from P-E firms.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|