Fashion Discounter Rue La La Said Considering Sale; Gilt Interested -Reuters
July 29 2014 - 07:57AM
Dow Jones News
Online fashion discounter Rue La La is considering a sale that
could value the company at around $400 million, Reuters reported
Tuesday, citing people familiar with the matter.
Boston-based Rue La La, which has eBay has a minority investor,
has attracted interest from online shopping site Gilt Groupe, the
report said, and has hired JPMorgan Chase & Co. (JPM) to advise
on a possible sale.
Full story at
http://www.reuters.com/article/2014/07/29/us-ruelala-sale-idUSKBN0FX1VT20140729
Write to nymonitoring@dowjones.com
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