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Stock Market & Financial Investment News

News Breaks
December 18, 2013
11:12 EDTJNYSycamore close to buying Jones Group for $15 per share, NY Times says
Sycamore Partners is near a deal to acquire Jones Group for $15 a share, New York Times reports, citing people briefed on the matter. A deal could be announced today, the paper added. 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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