Report: Bain, Golden Gate both want Ann Inc.
New York – At least two major suitors are vying for the hand of Ann Taylor parent company Ann Inc. According to Reuters, private equity firms Bain Capital and Golden Gate are both negotiating to purchase Ann Inc.
Ann Inc. has a $1.6 billion market capitalization. There is no guarantee either company will receive the financing they would need to make a purchase, and other potential buyers may emerge this week.
