How to play LTD News?

Discussion in 'Trading' started by romanvm, May 15, 2007.

  1. romanvm


    At the moment stock is holted for trading.

    "Limited Brands announced that it has signed a definitive agreement with affiliates of Golden Gate Capital to sell a 67% ownership interest in its Express brand for cash proceeds of $548 million . The Company expects that after-tax cash proceeds will approximate $425 million , subject to any post closing adjustment. The transaction is expected to close no later than July 6th , and is subject to customary conditions."