Cravath, Cleary Rep J. Crew in $3B Buyout Deal
Under the terms of the agreement announced Tuesday, J. Crew shareholders will receive $43.50 per share in cash. The agreed-upon price represents a premium of 29 percent over J. Crew’s average closing share price over the last month.
A special committee of the J. Crew board of directors negotiated the deal. The agreement...
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