Clothing retailer's board has approved the deal which will take the company private.
Chico’s FAS Inc. CHS, +0.22% said Thursday it has agreed to be taken private by private-equity firm Sycamore Partners for $1 billion.
Shareholders will receive $7.60 a share in cash for each Chico’s share owned, equal to a 65% premium over Wednesday’s closing price. The stock was halted premarket for the news. .
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Brazil slows Amazon deforestation, but in Chico Mendes' homeland, it risks being too lateLuzineide Marques da Silva knows the location of each of the 748 rubber trees in the Brazilian Amazon that she and her family have rights to tap for latex.
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Brazil slows Amazon deforestation, but in Chico Mendes' homeland, it risks being too lateLuzineide Marques da Silva knows the location of each of the 748 rubber trees in the Brazilian Amazon that she and her family have rights to tap for latex
Les mer »
Brazil slows Amazon deforestation, but in Chico Mendes' homeland, it risks being too lateLuzineide Marques da Silva knows the location of each of the 748 rubber trees in the Brazilian Amazon that she and her family have rights to tap for latex.
Les mer »
Brazil slows Amazon deforestation, but in Chico Mendes' homeland, it risks being too lateLuzineide Marques da Silva knows the location of each of the 748 rubber trees in the Brazilian Amazon that she and her family have rights to tap for latex.
Les mer »
Brazil slows Amazon deforestation, but in Chico Mendes' homeland, it risks being too lateLuzineide Marques da Silva knows the location of each of the 748 rubber trees in the Brazilian Amazon that she and her family have rights to tap for latex
Les mer »