Mall retailer Charlotte Russe (CHIC) agrees to be acquired by Advent International for...

|About: Charlotte Russe Holding... (CHIC)|By:, SA News Editor

Mall retailer Charlotte Russe (CHIC) agrees to be acquired by Advent International for $17.50/share in cash, or about $380M. In 2008, CHIC generated $823M in revenue. Shares closed Friday at $13.79. (PR)