Ann and Endo Big Market Movers

May 18, 2015 8:34 PM

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The Ascena Retail Group is buying the owner of Ann Taylor and Loft in a cash-and-stock deal valued at about $2.16 billion.

The television station operator said it is opening a new Washington, D.C., bureau and named Jim Osman as the bureau chief.

Also read: What a Combined Hasbro-Mattel Could Mean for the Toy Industry

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