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Ann Inc. just merged with Ascena Retail Group

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Shareholders of Ann Inc. have given their approval to the specialty retailer’s procurement by Ascena Retail Group Inc. During a meeting with Ann’s stockholders an influential majority of security holders voted for the transaction to occur. Out of everyone voting, there were 37.5 million votes in support, 10,800 in opposition and 1.5 million nonparticipants. The ...

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