By Paul Pannone
In ongoing story coverage eWedNewz has learned the deal between Clayton, Dubilier & Rice and Leonard Green & Partners to sell David’s Bridal will fetch $1.05 billion dollars, above the original reports estimating the deal at $900 million.
The sale price of David’s Bridal tops one-billion dollars, according to updated information.
According to the latest information the New York firm has agreed to buy control of David’s Bridal, leaving the current owner, Leonard Green & Partners as a minority investor.
The deal is expected to be finalized later this year.
eWedNewz continues our coverage of the story.
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