Home American Apparel Said to Reject Latest Charney-Led Takeover Bid
 

Keywords :   


American Apparel Said to Reject Latest Charney-Led Takeover Bid

2016-01-15 03:15:31| Apparel - Topix.net

American Apparel Inc.'s board of directors rejected the latest takeover offer involving the company founder and fired Chief Executive Officer Dov Charney, two people familiar with the decision said. The vote means an offer valued at $300 million from three investment funds who've aligned with Charney must be further sweetened to win over the company, or they must convince a judge next week to throw out a competing proposal backed by American Apparel's lenders.

Tags: american latest apparel bid

Category:Consumer Goods and Services

Latest from this category

All news

05.11Why colouring clothes has a big environmental impact
04.11Telekom Srbija renews satellite services contract with SES
04.11Charter video customers down 294,000 in 3Q 2024
04.11Swisscom TV connections down 12,000 in 3Q 2024
04.11Comcast domestic video subscribers down 365,000 in 3Q 2024
04.1115 jeans 'more durable' than 150 pair in tests
04.11The environmental campaigners fighting against data centres
04.11The environmental campaigners fighting against data centres
Consumer Goods and Services »
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Forecast Discussion Number 6
05.11Tropical Storm Rafael Wind Speed Probabilities Number 6
05.11Tropical Storm Rafael Public Advisory Number 6
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Forecast Advisory Number 6
05.11Why colouring clothes has a big environmental impact
05.11Atlantic Tropical Weather Outlook
More »