Seeking Alpha

A sale of the Lucky Brand and Juicy Couture labels could fetch as much as $700M for Fifth &...

A sale of the Lucky Brand and Juicy Couture labels could fetch as much as $700M for Fifth & Pacific (FNP -0.2%), according to sources. VF Corp. (VFC +0.1%) is in the hunt for the brands along with some P-E firms.
Comments (1)
  • With the 2 last brands of any note now valued at 1.1B. How does FNP justify its pricetag?

     

    Going to buy some bear spreads and watch how this unfolds. Is there any major risk in this position? I dont see how the stock price can go higer than where it already stands
    15 Apr 2013, 10:19 AM Reply Like
DJIA (DIA) S&P 500 (SPY)