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Stock Market & Financial Investment News

News Breaks
December 3, 2013
07:45 EDTFNPFifth & Pacific deal to sell Lucky Brand near, WSJ reports
Fifth & Pacific Cos. is close to a deal to sell its Lucky Brand denim business, sources say, reports the Wall Street Journal. I the running to buy Lucky include buyout firms Golden Gate Capital, Marlin Equity Partners and Lion Capital LLP, as well as brand licenser Authentic Brands Group LLC, sources say. Bids for Lucky were due last week. It is unclear how much any deal might value Lucky at, but sources say Fifth & Pacific's asking price is $275M. Reference Link
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