Perry Ellis clothes on display during a fashion show. - Filepic
NEW YORK: Clothing designer-retailer Perry Ellis International Inc agreed to be taken private by its founder, George Feldenkreis, in a US$437mil deal after Feldenkreis spent months pushing for the company to be sold.
Investors will get US$27.50 a share in cash, the Miami-based company said last Saturday in a statement.
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