Charming Shoppes shareholders received $7.35 for each share of Charming Shoppes. Ascena financed the approximately $900 million transaction through a combination of cash on hand and $325 million

The Ascena Retail Group is buying Charming Shoppes Inc., owner of Lane Bryant, for about $890 million, giving it access to the large-size women's clothing market.Shares of Charming Shoppes jumped

Its subsidiaries include Lane Bryant, Cacique, Fashion Bug and Catherines Plus. Clothes were sold from over 2300 retail stores in the United States, as well as numerous catalogs and online sites. Charming Shoppes, which operates, among other things, the LANE BRYANT® and CATHERINES PLUS SIZES® retail store brands and e-commerce businesses, will now operate as a separate subsidiary of Ascena. Ascena financed the acquisition with available cash and $325 million that it borrowed from credit facilities.

Charming shoppes ascena

Ascena will pay $7.35 for each Charming 2012-05-02 · Ascena Retail Group Inc. ASNA has agreed to acquire Charming Shoppes Inc. CHRS, +6.49% in a roughly $890 million cash deal, hoping the parent company of Lane Bryant will increase its exposure to Women's apparel maker Ascena Retail Group Inc will buy Charming Shoppes Inc for $857.2 million in cash as it looks to tap into the growing U.S. plus-size apparel market. Charming Shoppes, which operates, among other things, the LANE BRYANT® and CATHERINES PLUS SIZES® retail store brands and e-commerce businesses, will now operate as a separate subsidiary of Ascena. The combined company now operates approximately 3,800 locations and, on a trailing 12 month basis, generated over $4.4 billion of combined net sales. DEAL DONE: Ascena Retail Group Inc. has completed its $890 million buyout of Layne Bryant owner Charming Shoppes Inc. and is taking steps to shed parts of the acquired business that it doesn't want. Charming Shoppes shares trade close to their acquisition target. There really isn't a play on shares of Charming Shoppes here, but I highly recommend taking a look at acquiring company Ascena Retail.

2012年6月19日 NY — Ascena Retail Group, Inc. — parent company of Dress Barn and other brands — has completed its acquisition of Charming Shoppes,

Charming Sales Co. Four, Inc.(20-33162) Charming Sales Co. One, Inc.(20-33164) Charming Sales Co. Three, Inc.(20-33166) Charming Sales Co. Two, Inc.(20-33173) Charming Shoppes of Delaware, Inc.(20-33174) Charming Shoppes Receivables Corp.(20-33175) Charming Shoppes Seller, Inc.(20-33176) Charming Shoppes Street, Inc.(20-33114) Charming Shoppes Ascena Retail Group, Inc. (ASNA) said it has completed its acquisition of Charming Shoppes, Inc., an apparel retailer specializing in women's plus-size apparel. Charming Shoppes shareholders received $7.35 for each share of Charming Shoppes.

Women's apparel maker Ascena Retail Group Inc will buy Charming Shoppes Inc for $857.2 million in cash as it looks to tap into the growing U.S. plus-size apparel market.

Ascena financed the approximately $900 million transaction through a combination of cash on hand and $325 million Suffern, NY — Ascena Retail Group, Inc. — parent company of Dress Barn and other brands — has completed its acquisition of Charming Shoppes, Inc. Suffern, NY — Ascena Retail Group, Inc. has completed its acquisition of Charming Shoppes, Inc., a leading apparel retailer specializing in women’s plus-size apparel.

Charming Shoppes had previously announced its intention to continue to close certain Fashion Bug stores. In addition, Ascena is exploring a potential sale of Charming Shoppes’ Figi’s® business, which markets food and specialty gift products. Charming Shoppes shares trade close to their acquisition target. There really isn't a play on shares of Charming Shoppes here, but I highly recommend taking a look at acquiring company Ascena Retail.
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2000: Charming Shoppes acquires Catherines . 2012: Charming Shoppes joins ascena family Ascena Retail Group, Inc. (ASNA) said it has completed its acquisition of Charming Shoppes, Inc., an apparel retailer specializing in women's plus-size apparel. Charming Shoppes shareholders received $7.35 for each share of Charming Shoppes.

These documents will contain important information about the tender offer, and shareholders of Charming Shoppes are urged to read them carefully when they become available.
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Ascena Retail Group Inc. announced that it has completed its acquisition of Charming Shoppes, Inc., a leading apparel retailer specializing in women's

2012-05-01 Then in 2015, ascena acquired ANN INC., the parent company of retail brands Ann Taylor, LOFT and Lou & Grey. Since that time, ascena has reinvented itself as a collective of brands that is an agile competitor in the transforming retail industry. 2012-05-01 2012-06-06 Ascena Retail Group, Inc. Associated Cases.

See insights on Ascena Retail Group including office locations, competitors, revenue, financials, executives, Charming Shoppes, June 15, 2012, $900 m.

Den 2 maj 2012 tillkännagav Ascena Retail Group, moderbolaget till DressBarn att det skulle förvärva Charming Shoppes med en transaktion på 900 miljoner Under 2012 förvärvade Ascena Retail Group Charming Shoppes , som var moderbolag för Lane Bryant, Cacique och Catherines Plus, för 900 Hur mycket charmingshoppes.com är värd? charmingshoppes.com Domänn amn, charmingshoppes.com. Titel. welcome to ascena retail group, inc. In 2012, Ascena Retail Group acquired Charming Shoppes, which was the parent holding company for Lane Bryant, Cacique and Catherines Plus, for $900 Under 2012 förvärvade Ascena Retail Group Charming Shoppes, som var moderbolag för Lane Bryant, Cacique och Catherines Plus, för 900 miljoner dollar.

Schulte Roth and Drinker Biddle are advising the target. History. Charming Shoppes was founded in 1940, it went public in 1971, and was ranked 927th on the 2012 Fortune 1000. On May 2, 2012, Ascena Retail Group, the parent company of DressBarn, announced that it would acquire Charming Shoppes with a $900 million transaction through a combination of cash on hand and $325 million of borrowings from credit facilities.