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PVH Corp. To Acquire Warnaco Group (PVH, WRC)

New York City-based apparel company PVH Corp. (NYSE: PVH) today announced that it entered into a definitive agreement to acquire The Warnaco Group Inc. (NYSE: WRC) in a cash and stock deal valued at $2.9 billion. The announcement sent shares of both PVH and WRC higher in trading today.


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