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Fashionmall.com Gets Buyout Offer
Madison Avenue might just grace the fancy hills of 90210.
Fashionmall.com(FASH Quote) received a buyout offer from Narax, a Beverly Hills, Calif., mergers and acquisitions firm, valued at $3.50 a share in cash.
The buyout offer represents about a 35% premium over New York-based Fashionmall's stock price of $2.59 when trading in its shares was halted. ...
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