George Feldenkreis Sends Letter to Perry Ellis Board
PERRY ELLIS INTL (PERY)
Last perry ellis intl earnings: 8/30 06:45 am
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Source: Business Wire
Calls on Special Committee to commit to concluding negotiations and enter into a definitive agreement by May 29, 2018. Will withdraw offer to acquire the Company if the Special Committee refuses to commit to an expedited conclusion of the sales process. MIAMI--(BUSINESS WIRE)-- George Feldenkreis, the largest shareholder of Perry Ellis International, Inc. ("Perry Ellis" or the "Company") (Nasdaq: PERY) with approximately 10.8% of the Company’s outstanding common stock, today sent a letter to the special committee of the board of directors of Perry Ellis (the "Special Committee") urging it to immediately commit to an expedited timeline to conclude negotiations and enter into a definitive agreement in respect of Mr. Feldenkreis’ previously announced formal proposal, backed by full financing, to acquire all of the outstanding common stock of Perry Ellis not already beneficially ow
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