New Investor For American Apparel

2006-12-22T00:00:00

Endeavor Acquisition Corporation, an American investment fund set up in July 2005, has agreed to acquire American Apparel and its affiliated subsidiaries from its founder and chief executive, Don Charney, in exchange for 32,258,065 shares worth a total of $244.8 million. Additionally, up to $110 million in debt will be ...

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