All of the outstanding shares of the common stock of The Jones Group, Inc. were acquired pursuant to a merger transaction by investment funds managed by Sycamore Partners Management L.L.C. for $15 per share. The acquisition was valued at approximately $2.2 billion. Immediately following the merger, we undertook certain reorganization and carveout transactions, the result of which is that our business is now comprised solely of our footwear and accessories business and our jeanswear business. We are now privately-owned, our common stock is no longer listed for trading on the New York Stock Exchange, and we have been renamed 'Nine West Holdings, Inc.' more... See more text