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Claire’s hires Goldman to study possible sale

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From Bloomberg News

Claire’s Stores Inc., a retailer of jewelry for teens, said it had hired Goldman, Sachs & Co. to help it explore a possible sale of the company.

Claire’s, which has a stock market value of $3 billion, said it wouldn’t disclose further developments unless its board approved a transaction.

The Pembroke Pines, Fla.-based company is in the early stages of contacting buyout firms and may still decide against a sale, three people familiar with its plans said.

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