Chico's fas, inc. enters into definitive agreement to be acquired by sycamore partners for $1 billion

Chico's fas shareholders to receive $7.60 per share in cash, a 65% premium to yesterday's closing stock price fort myers, fla. , sept. 28, 2023 /prnewswire/ -- chico's fas, inc. (nyse: chs) ("company" or "chico's fas") today announced that it has entered into a definitive agreement to be acquired by sycamore partners, a private equity firm specializing in retail, consumer and distribution-related investments.
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