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American Apparel Near Deal to Be Acquired

American Apparel Near Deal to Be Acquired

By Piers Fawkes on December 18, 2006

The Wall Street Journal reports that American Apparel is near a deal to be acquired by Endeavor, a special-purpose acquisition company, for about $244 million, plus $110 million in debt. The deal allows American Apparel to expand rapidly without going through a lengthy IPO.

American Apparel Near Deal to Be Acquired (requires subscription)

Recent Articles By Piers Fawkes

Piers Fawkes is the founder and editor-in-chief of PSFK, a daily news site that acts as the go-to source of new ideas and inspiration.

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TOPICS:	Retail
TAGS:	Fashion Brands

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