The Latest News

Belk, Inc. to be Acquired by Sycamore Partners

Charlotte, N.C. — Charlotte-based Belk, Inc., the nation's largest family owned and operated fashion department store company, has entered into a definitive merger agreement whereby investment funds managed by New York-based private equity firm Sycamore Partners will acquire 100 percent of Belk in a $3 billion transaction.

Subscribe to this RSS feed

More News