Express (EXPR) Shareholders File to Sell Up to 16M Common

Express, Inc. (NYSE: EXPR) reports certain stockholders intend to sell 16,000,000 shares of its common stock in an underwritten offering. The selling stockholders intend to grant the underwriters an option to purchase up to an additional 2,400,000 shares of Express' common stock. Express will not receive any proceeds from the offering.

BofA Merrill Lynch, Barclays Capital, Morgan Stanley and Piper Jaffray are acting as joint book-running managers for the proposed offering.

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