As per June 25, 2009 press release:

"Under the terms of the merger agreement, each share of Tween Brands, Inc. common stock will be exchanged for 0.47 shares of Dress Barn, Inc. common stock. Based on Dress Barn Inc.’s stock price of $13.24 as of June 24, 2009, this consideration would be equivalent to $6.22 per Tween Brands, Inc. share, representing an aggregate equity value of approximately $157 million. This represents a premium of 20% over Tween Brands, Inc.’s closing stock price on June 24, 2009. Upon closing of the transaction, Tween Brands, Inc.’s stockholders are expected to own approximately 16% of Dress Barn, Inc.’s diluted outstanding shares. In connection with the transaction, Tween Brands, Inc.’s outstanding bank debt will be repaid. Dress Barn, Inc. anticipates that the transaction will be neutral to earnings in the first full year of combined operations and accretive thereafter. On a trailing twelve months basis, the combined company has generated in excess of $2.4 billion in net sales and currently operates 2,465 stores. The transaction, unanimously approved by each of Dress Barn, Inc.’s and Tween Brands, Inc.’s Board of Directors, is expected to close in the fourth quarter of calendar year 2009 and is subject to Tween Brands, Inc. stockholder approval and other customary closing conditions."  About Maurices : What started in 1931 as a small women's fashion shop in Duluth, Minnesota, has grown to over 700 stores in 43 states across the country. maurices is the leading small town specialty store and authority for the savvy, fashion conscious customer with a twenty-something attitude.