By  on July 17, 2014

(Reuters) — Private equity firm Sycamore Partners is in talks with regional discount store operator Fred's Inc. about a potential takeover, according to people familiar with the matter.

The talks are at an early stage, the people said, cautioning that no bid may surface. There is at least one other party in talks with Fred's, two of the people said, without disclosing its identity.

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