By  on December 5, 2013

Leonard Green & Partners is closing in on Lucky Brand.

Fifth & Pacific Cos. Inc., formerly Liz Claiborne Inc., is expected to reveal a transaction to sell Lucky Brand no later than the end of next week following what had been a stalled process. The company initially was in extended talks with private equity firm Advent International to acquire the brand, although those discussions supposedly ended when second-half projections for the denim company weakened.

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