J.Crew, Sold!

Two investment firms have finally bought out the retailer.

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Complex Original

Image via Complex Original

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Remember news of J.Crew selling its shares? Well the rumors and guessing games are over. Two private equity firms, TPG Capital and Leonard Green & Partners have made a buyout offer and J.Crew shareholders finally approved it last week. The retailer is no longer public and its shares will be taken off of the New York Stock Exchange.

[via Business Week]

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