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American Apparel talks with Irving Place stall

2015-03-17 23:04:30| Apparel - Topix.net

Talks over Irving Place Capital's proposal to buy Los Angeles-based American Apparel Inc. have reportedly hit a stumbling block, according to Bloomberg. New York private equity firm Irving Place, which offered last year to buy American Apparel for about $1.40 a share, has "grown uncertain" about the company's valuation, Bloomberg reported , citing unidentified people familiar with the situation.

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