Chico's could be buyout target

Speculation is mounting that Chico's FAS could be the target of a leveraged buyout.

BloombergBusinessweek recently quoted JPMorgan Chase saying some investors are speculating there's an increased chance Chico's may become a buyout target. They noted that Chico's CEO David Dyer previously headed Tommy Hilfiger and Lands' End, both of which were sold.

Chico's, the Fort Myers-based women's retailer, has zero debt and more than $300 million in cash and marketable securities on its balance sheet.