Express, Inc. Receives Letter of Intent from Consortium led by WHP Global for Sale of Business
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COLUMBUS, Ohio--(BUSINESS WIRE)--Express, Inc. (OTC PINK: EXPR) (“Express” or the “Company”) today announced that it has received a non-binding letter of intent from a consortium led by WHP Global (“WHP”), and participants including a wholly owned indirect subsidiary of Simon Property Group, L. P. (“Simon”) and Brookfield Properties (“Brookfield”) for the potential sale of a substantial majority of the Company’s retail stores and operations. To facilitate the sale process, Express and its subsi
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