Oh Mickey your so fine (and about to be richer), you blow my mind!

So, word is that J. Crew will announce tomorrow its sale to Mickey Drexler (current CEO) and buyout firms (TPG Capital and Leonard Green & Partners), although the final transaction total is still up for debate.  Currently, Mr. Drexler holds 5.4% of the company valued at $128 million. According to insiders, Mickey will rollover his shares and perhaps even cash some of them out (God knows the holidays do tend to rack up the AMEX bill). Stay tuned for the full dish tomorrow!  See full article here

 

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