Tag Archives: Gap Inc

Gap Inc To Split Into Two Separate Companies

CNBC reports: Gap Inc. said Thursday it will split into two independent publicly traded companies — one comprised of its Old Navy brand, and the second a yet-to-be-named company that includes its other brands like Banana Republic and Athleta. Its shares surged more than 20 percent in after-hours trading on the news. Following a review by Gap’s board of directors, …

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