Sycamore unit Hummingbird buys 8 percent stake in Aeropostale

A buyout firm with a record of taking troubled retailers private disclosed on Tuesday that an affiliate had taken an 8 percent stake in Aeropostale Inc, sending the struggling teen apparel retailer’s shares up as much 19.5 percent, sister news service Reuters reported.

17 September 2013•1 min read
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