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Express Inc confirms receipt of letter from Sycamore Partners


Thursday, 12 Jun 2014 07:10pm EDT 

Express Inc:Confirms that it has received a letter from Sycamore Partners, which owns about 9.9 pct. of Express' outstanding shares, indicating that Sycamore Partners is interested in acquiring the company.Says that it has established a special committee of board to determine a course of action it believes is in the best interest of all stockholders.In addition, Perella Weinberg Partners LP and Sullivan & Cromwell LLP have been engaged to serve as advisors to the company and special committee. 

Company Quote

14.99
0.03 +0.20%
26 Dec 2014