Aeropostale rights plan suggests preparation for takeover bid, says Jefferies Jefferies said Aeropostale's shareholder rights plan likely signals the company is preparing for an eventual takeover bid and the firm noted there are several publicly filed investors with meaningful positions in the stock. Note that Jefferies said in a note published yesterday that Aeropostale was the most attractive leveraged buyout candidate among Specialty Retailers the firm screened. Jefferies maintains a Buy rating and $15 price target on the stock.
News For ARO From The Last 14 Days
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