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Report: Guitar Center May Be Sold

Ares Management LLC, a Los Angeles investment advisor, is in talks to buy Guitar Center Holdings Inc. from its private equity owners, according to a media report on Tuesday

Guitar Center Names CEO

Consumer electronics retailer Mike Pratt has been named chief executive of Guitar Center Inc.

Ramping It Up

Apparel: Cherokee Inc. buys Tony Hawk clothing brand for $19 million from Quiksilver and prepares line for international launch.

Apparel: Cherokee’s purchase of Tony Hawk matches with its international strategy.

Tease photo

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