Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user
You will be redirected back to your article in seconds

Chico’s Board Rejects $407.8 Million Offer From Sycamore Partners

While sustainability is no longer a siloed concern, the industry has yet to make it a true priority when weighing important business decisions. Sign up for our webinar "Viewing Sustainability Like an Investor: Weighing Progress and Profit" on Nov 22 to learn key metrics to keep consumers, your company and Wall Street happy.

Private equity firm Sycamore Partners, which offered $3.50 a share to acquire Chico’s FAS Inc. in a deal valued at $407.8 million, has been rebuffed again. Sycamore made its offer last week, noting that it chose to go public after getting the cold shoulder once before. The initial offer was $4.30 a share, which the…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands