ascena retail group, inc. (NASDAQ: ASNA) and ANN
INC. (NYSE: ANN) announced that they have entered
into a definitive merger agreement under which
ascena will acquire ANN INC. for a combination of
cash and stock in an accretive transaction.
At Ann Taylor, they
champion the modern working woman and her love of
fashion in everything they do. That's why for
generations they have been her go-to style destination,
always leading her with love. Ann Taylor is much more
than a high-quality collection of beautiful wear now
pieces. They offer a unique combination of fashion,
work and flattering fit. Their goal is always to
unleash her confidence, femininity and feeling of
success – making her shine.
At Ann Taylor Stores Corporation,
they are committed to meeting the evolving needs of
women who want feminine, stylish and versatile fashions
that offer great quality and value and that inspire
women to look as beautiful as they feel. Ann Taylor
clients place a premium on how they are perceived and
they strive to serve as a trusted advisor to help women
with all of their wardrobe needs.