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Ascena Retail Group Inc Announces Closing of Figi’s Sale

Wednesday, 16 Oct 2013 04:15pm EDT 

Ascena Retail Group Inc announced that it has closed the sale of Figi`s, food gift retailer, to Mason Companies, Inc. Terms of the sale were not disclosed, but the Company noted that net proceeds from the transaction will be used to reduce indebtedness under its existing credit facility. 

Company Quote

-0.53 -3.07%
4:00pm EDT