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Sycamore Tries to End Victoria’s Secret Deal, Raising Solvency Question for L Brands

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L Brands Inc. said Sycamore Partners on Wednesday tried to end the agreement to acquire a 55 percent stake in the Victoria’s Secret businesses for $525 million, and that the apparel giant wasn’t having it. For L Brands, the deal with Sycamore was expected by credit analysts to help the Ohio retail firm reduce its…

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