A buyout opportunity is possible with the participation of an activist investor who has a proven track record of hitting 40-50% returns in 2-3 years as its third-largest shareholder. My target price per share is $25.35, representing a 57% return from the closing price of $16.16 on 9/13/2013.
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Activist Investors Eye Chico's as Compelling Take-Out Target
Published: September 27, 2013