Apr
22
Sycamore Seeks to Terminate Deal to Acquire Majority Stake in Victoria’s Secret
Posted in: UncategorizedVictoria’s Secret is staying with L Brands a little longer. On Wednesday, Sycamore Partners sent a notice to L Brands, Victoria Secret’s parent company, that it intends to terminate its deal to acquire a 55% stake in the lingerie retailer, the retail conglomerate announced. In tandem, the private equity firm has filed a lawsuit in…
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