Charming Shoppes (CHRS) Shares Jump as Co. Exploring Sale of Fashion Bug

May 23, 2011 11:33 AM EDT
Shares of Charming Shoppes (Nasdaq: CHRS) have surged into positive territory Monday morning amid reports from Bloomberg the company is exploring a sale of Fashion Bug. Sources say the company is working with Moelis on a possible sale.

CHRS shares are now up 5.5 percent to $4.22.


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