By  on August 24, 2009

Charlotte Russe Holding Inc. said Monday that it had reached an agreement to beacquired by private equity firm Advent International Corp.


An Adventaffiliate will acquire all of Charlotte Russe’s outstanding common stock in atender offer of $17.50 a share, or about $380 million. The price per share isa 26.9 percent premium on the stock’s close Friday of $13.79.

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