Cross Ledge's Wachs Discusses Apparel Retailers

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Sept. 1 (Bloomberg) -- Lori Wachs, founder of Cross Ledge Investments, talks about the possible takeover offer for Saks Inc., shareholder Carlos Slim Helu and the outlook for the retail market. Saks may receive an offer of $1.7 billion, or $11 a share, from U.S. and British buyout firms, the Daily Mail reported yesterday, without saying where it got the information. Wachs speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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