By  on March 23, 2011

Golden Gate Capital will continue to lighten its fashion portfolio when it sells a portion of its remaining stake in Express Inc.

According to a regulatory filing by Express on Tuesday with the Securities and Exchange Commission, Golden Gate Private Equity and Limited Brands, which together own 57.2 percent of the retailer’s outstanding shares, will join with members of Express’ management to offer 16.5 million shares to the public.

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