DONE DEAL: Sycamore Partners late Tuesday completed the acquisition of The Jones Group Inc. for about $2.2 billion.
As a result, Jones shares have been delisted from the New York Stock Exchange. Sycamore has yet to reveal its plans for Jones’ operations, or the future of the group’s management, which is led by chief executive officer Wesley Card.
RELATED STORY: Jones Shareholders Approve Sycamore Merger >>
This story first appeared in the April 9, 2014 issue of WWD. Subscribe Today.