American Apparel mulls buyout bid, reshuffles board

Dec 23, 2014

HRC Advisory CEO, Antony Karabus, was quoted in a Los Angeles Times article on American Apparel's consideration of a takeover bid. The clothing retailer recently received an offer of $1.30 - $1.40 per share from an undisclosed bidder. Karabus shares his opinion on how he would handle an offer similar to this, voicing his concerns about accepting an offer at the bottom.

 

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Source: Los Angeles Times