Ann Taylor and Loft might be for sale. On Monday, two of Ann's major shareholders urged the retail chain to hang up a for sale sign in their window. The two shareholders, Engine Capital and Red Adler, believe potential buyers would pay between $50 and $55 a share for the company. That would be 40% above where Ann is trading now. The Deal's senior writer Richard Collings said, "Ann Taylor is a perfect candidate for private equity because it's currently trading at seven times Ebitba, which is what private equity looks for in potential retail takeover targets. It has great cashflow; another great aspect. And it's a stable business and a recognizable brand name." Ann runs over 1000 stores under the Ann Taylor and Loft brands. CEO Kay Krill said the stores are upgrading the mobile platform in the hopes to get the young and on-the-go crowd to buy more.