Not Yet Liz
The board of directors for Quincy, Mass.–based retailer J. Jill Group is discussing a recent acquisition offer from New York–based manufacturing giant Liz Claiborne. Liz’s offer was for $18 per share of J. Jill stock, which represents a significant increase over the recent stock price of $12.79. J. Jill turned down Liz’s initial offer of $17 per share.
