Sat, 11 May 2019 12:34:08 GMT
Sycamore bids for Chico's in $407.8M deal
Sycamore Partners made an unsolicited bid worth $407.8M for Chico's FAS, the women's apparel retailer, seeking to take the firm private, and sending Chico's shares up 8% to $3.99 on Friday, much above Sycamore's offer of $3.50 for a share.