J Crew shares jump after trading on deal news

NEW YORK (BestGrowthStock) – Shares of J Crew Group Inc (JCG.N: ) jumped 16.1 percent to $43.71 after the stock resumed trading on Tuesday.

The company said it had agreed to be bought out by two private equity firms for about $2.86 billion.

(Reporting by Angela Moon, Editing by Chizu Nomiyama)

J Crew shares jump after trading on deal news