Apparel & Fashion

The Limited

Sun Capital extracted $42M dividend via borrowed money, making 1.8x return while the company died. All 250 stores closed. Sued for fraudulent transfer.

FOUNDED
1963
ACQUIRED
Sun Capital Partners, 2007, $50 million equity
IMPACTS
1 documented

Editorial Record

maintained by DeathbyPE. Every claim links to a public source.

Timeline

1963

The Limited founded

2007

Acquired by Sun Capital Partners for $50 million equity

2017

Sun Capital extracted $42M dividend while The Limited died

CriticalClosure / Bankruptcy

Sun Capital made 1.8x return on its $50M investment through extracted dividends alone, then wrote equity to zero. All 250 stores closed. Bankruptcy trustee sued for $42M fraudulent transfer.

Before / After

Store count

reported 2017

before 250 stores

after 0

-100%

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Tracked Locations

CO · 1

194 Main St

Denver, CO 80201 · 555-931-4971

FL · 2

4035 Main St

Orlando, FL 32801 · 555-381-9759

8859 Main St

Tampa, FL 33601 · 555-539-9251

GA · 2

2629 Main St

Atlanta, GA 30301 · 555-779-8630

3514 Main St

Atlanta, GA 30301 · 555-972-4574

MA · 1

6575 Main St

Boston, MA 02101 · 555-342-3128

OR · 1

7880 Main St

Portland, OR 97201 · 555-842-7599

PA · 1

2228 Main St

Pittsburgh, PA 15201 · 555-593-6540

WA · 2

4938 Main St

Seattle, WA 98101 · 555-284-6580

4461 Main St

Seattle, WA 98101 · 555-703-8441