Women’s Wear Daily
04.19.2014
financial
financial

Merrill Lynch Unit Plans to Sell 4M Shares of Ann Taylor Stores

NEW YORK -- Merrill Lynch Capital Partners, which acquired Ann Taylor Stores in a management-led leveraged buyout in 1989, plans to sell 4 million shares of it in a secondary offering.This will reduce its stake in the company to 32.6 percent...

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