Rue21 Agrees to Be Acquired by Apax in $1.1 Billion Deal

WARRENDALE, United States — Rue21 Inc., the operator of more than 900 teen apparel shops, agreed to be bought by private-equity firm Apax Partners in

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rue21 enters into definitive agreement to be acquired by funds advised by Apax Partners for $42.00 per share in cash

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Teen retailer Rue21 files for bankruptcy