Sycamore Looks to Acquire Remaining Express (EXPR) Shares

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Go back to Sycamore Looks to Acquire Remaining Express (EXPR) Shares

Express, Inc. (EXPR) Adopts Poison Pill in Response to Sycamore

June 13, 2014 7:45 AM EDT

Express, Inc. (NYSE: EXPR) confirmed today that it has received a letter from Sycamore Partners, which owns approximately 9.9% of Express' outstanding shares, indicating that Sycamore Partners is interested in acquiring the Company.

The Company also announced that it has established a Special Committee of the Board to determine a course of action it believes is in the best interest of all stockholders. In addition, Perella Weinberg Partners LP and... More