More on Rue21 (RUE): An initial 40-day "go-shop" period process will start today during which...

|About: Rue21 Inc (RUE)|By:, SA News Editor

More on Rue21 (RUE): An initial 40-day "go-shop" period process will start today during which the retailer can try to reel in another bid. A low termination fee of ~$10M makes this a feasible option. If Apax Partners lands Rue21 it will have its work cut out for it after the company reported a tough comparable store sales decline of 4.6% for Q1. (PR)

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