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Casual Male Completes Sale of Levi’s Outlet Stores

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Canton, Mass., Casual Male Retail Group has completed the previously announced acquisition of its 32 remaining Levi’s/Dockers Outlet stores to Hub Holding Corp., an affiliate of Sun Capital Partners, for approximately $12.8 million in cash. The proceeds from the sale will be used to reduce Casual Male’s outstanding debt under its revolving line of credit.

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