Express, Inc. (EXPR) - NYSE
  • Jun. 12, 2014, 5:40 PM
    • In a new 13D, Sycamore Partners discloses it has a 9.9% Express (EXPR) stake, and says it would like the board's help in performing "due diligence to determine a definitive valuation of [Express] in order to submit a binding, fully financed proposal to acquire all of the remaining common stock of [Express] not owned by Sycamore."
    • Sycamore has already taken a large stake in fellow retailer Aeropostale (ARO), and struck a deal last year to acquire The Jones Group.
    • ARO +4.8% AH.
    | Jun. 12, 2014, 5:40 PM | 6 Comments
Company Description
Express, Inc. is a specialty apparel and accessories retailer offers both women's and men's merchandise. It offers fashionable apparel and accessories to address fashion needs across multiple aspects of their lifestyles, including work, casual, jeanswear and going-out occasions. It operates... More
Sector: Services
Industry: Apparel Stores
Country: United States