ascena Retail: Ascena Retail Gets OK For Sale Despite DOJ Objection

Ascena Retail Group has received the green light to sell the Lou & Grey, Loft, Lane Bryant and Ann Taylor labels to Sycamore Partners in a deal valued at approximately $1 billion that might close by next week, The Wall Street Journal reported. The arrangement would keep the company as a going concern with a [...] The post Ascena Retail Gets OK For Sale Despite DOJ Objection appeared first on Competition Policy International.