By: Benzinga
March 07, 2013 at 10:58 AM EST
Hot Topic Red Hot on Acquisition by Sycamore Partners
Hot Topic (NASDAQ: HOTT ) announced Thursday that it will be acquired by New York-based private equity firm Sycamore Partners. Under the deal, Sycamore will purchase the apparel chain for $14 per share. The purchase will total around $600 million. The transaction, which has been unanimously approved by the
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