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Monday, May 18, 2015

Ann Taylor bought for $2.1 billion - May. 18, 2015

Consumers may not be spending all that much so far this year. But some of your favorite retailers might be ready to go on a buying binge ... for their rivals.



Ascena Retail Group (ASNA), the parent company of Lane Bryant, announced Monday it was buying Ann Taylor and Loft owner ANN Inc. (ANN) for more than $2.1 billion.



Ann Taylor bought for $2.1 billion - May. 18, 2015

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