Jones Apparel coverage

Following Jones Apparel Group's announcement that it would withdraw its Goldman Sachs led auction, the business press has been quick to speculate on the fate of the company. The stories run the gamut from positive to negative, but mostly on the negative side. The most interesting stories are the ones from The New York Post. In today's edition the Post discusses how the failed sale could lead to the ouster of CEO Peter Boneparth. A second story highlights that the blown auction will cost Goldman $20 million in lost advisory fees. —Matthew Wurtzel

See story about Boneparth from NY Post
See story about Goldman Sachs from NY Post

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