Perry Ellis Pushes Shareholders to Vote for Founder’s Deal Over Higher Competing Offer

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Perry Ellis Worldwide Inc.’s particular board committee is pushing shareholders to vote in favor a deal reached with its founder to take the corporate personal.

In an announcement Thursday, Perry Ellis stated the $28-a-share supply acquired earlier this week from Randa Equipment wasn’t in the perfect curiosity of shareholders. The corporate additionally stated the supply from the boys’s equipment firm was “considerably comparable” to a earlier one made when a board committee was going by way of its strategic evaluation.

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