Children's Place on sale for as low as 60% off

Children’s Place Retail Stores Inc. hired Lehman Brothers Inc. to assist with strategic options, a week after denying reports that it had hired another bank. Former CEO Ezra Dabah, who left in September after an internal probe found he wasn’t complying with securities trading policies, put the children's apparel retailer in play when he made an unsolicited bid and hired Bear, Stearns & Co. to help. The retailer’s stock has fallen about 60% this year. — Matthew Wurtzel 

See story from TheDeal.com
See post from BloggingStocks
See earlier story from Dealscape

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