Ascena Buys Ann Taylor, Loft In A $2.16 Billion Deal

NEW YORK, NY - MAY 18: People pass the window display of an Ann Taylor women's clothing store in Manhattan on May 18, 2015 in New York City. Ascena Retail Group which owns Lane Bryant and Dressbarn, announced it is purchasing Ann Taylor and Loft retail stores for $2.16 billion to expand its women's apparel business. (Photo by Andrew Burton/Getty Images)
NEW YORK, NY - MAY 18: People pass the window display of an Ann Taylor women's clothing store in Manhattan on May 18, 2015 in New York City. Ascena Retail Group which owns Lane Bryant and Dressbarn, announced it is purchasing Ann Taylor and Loft retail stores for $2.16 billion to expand its women's apparel business. (Photo by Andrew Burton/Getty Images)
Ascena Buys Ann Taylor, Loft In A $2.16 Billion Deal
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Credit:
Andrew Burton / Staff
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Getty Images News
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18 May, 2015
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