WWD.com/beauty-industry-news/financial/merrill-lynch-unit-plans-to-sell-4m-shares-of-ann-taylor-stores-1154066
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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