rue21 Inc. (RUE) announced Thursday morning that it agreed to be acquired by funds advised by Apax Partners for $42.00 per share in cash. The transaction is valued at approximately $1.1 billion.
rue21 gapped open dramatically higher Thursday, but moved in a narrow range throughout the session. The stock finished with a gain of 7.84 at $41.96 on the highest volume of the year. rue21 leaped to a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.