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Rue21 Shareholders Greenlight $1B Private Equity Buyout

By Linda Chiem (September 19, 2013, 5:14 PM EDT) -- Clothing retailer Rue21 Inc.'s shareholders voted Thursday to approve the company's proposed $1.1 billion buyout by Apax Partners LLP, which already is a major investor in Pennsylvania-based Rue21, that's spinning its large insider stake into the latest private equity deal in the apparel sector....

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