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Gymboree Assets Sold to Gap and The Children’s Place

Bankrupt children’s retailer Gymboree Group Inc. has found buyers for its Janie and Jack business, as well as its core Gymboree asset and Crazy 8 operation. At a bankruptcy court auction Friday, Gap Inc. was selected as the winning bidder for Janie and Jack. Gap has agreed to pay $35 million for the name, which…

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