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Report: Ann Inc. working with JPMorgan on sale
New York – Ann Inc., parent of Ann Taylor and Loft. is reportedly working with financial firm JPMorgan Chase & Co. on a potential sale. According to Bloomberg, the $1.6 billion Ann Inc. has spoken with other retail chains and at least two buyout firms and a private equity firm.
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Report: Ann Inc. looking to sell
Ann Inc. may be in talks with at least two potential buyers, according to a report this month from Bloomberg.
The $1.6 billion owner of the Ann Taylor and Loft women’s clothing stores said in an October regulatory filing it planned to review strategic options and that it is working with JPMorgan Chase & Co.

