(RTTNews) -  Dress Barn Inc. (DBRN: News ) announced that it has completed its merger with Tween Brands Inc. Tween Brands stockholders will receive 0.47 shares of Dress Barn common stock for each share of Tween Brands. Tween Brands Inc., which operates the Justice retail store brand, will operate as a separate subsidiary of The Dress Barn Inc. and, as of the merger, will be free of bank debt.

The corporate headquarters of Dress Barn will remain in Suffern, New York and Tween Brands will remain headquartered in New Albany, Ohio.
With the completion of the merger, Tween Brands shares were delisted from the NYSE and trading ceased at the close of business on Wednesday, November 25th.

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by RTT Staff Writer

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