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Stock Market & Financial Investment News

News Breaks
November 27, 2013
06:28 EDTJNYJones Group sets Sunday deadline for Sycamore buyout bid, WWD reports
Sycamore Partners has until Sunday to submit its final buyout bid for Jones Group, a source tells Women's Wear Daily. The private equity firm currently owns Hot Topic, Talbots and MGF Sourcing. Reference Link
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April 7, 2014
16:08 EDTJNYJones Group holders approve merger with Sycamore Partners for $15 per share
The Jones Group announced that, at the special meeting, The Jones Group shareholders overwhelmingly voted to approve the agreement pursuant to which affiliates of Sycamore Partners will acquire The Jones Group for $15.00 per share in cash, or a total transaction value of approximately $2.2B. With today's approval of the proposals by The Jones Group shareholders, The Jones Group Inc. and Sycamore Partners have received all requisite approvals required to complete the transaction. The companies are committed to a seamless transition and expect to close the transaction promptly.
16:07 EDTJNYJones Group holders approve merger with Sycamore Partners for $15 per share
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