Perry Ellis Special Committee Issues Statement
PERRY ELLIS INTL (PERY)
Last perry ellis intl earnings: 8/30 06:45 am
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Source: Business Wire
MIAMI--(BUSINESS WIRE)-- The Special Committee of the Perry Ellis International (NASDAQ:PERY) (“Perry Ellis” or the “Company”) Board of Directors, which comprises independent directors, today issued the following statement in response to George Feldenkreis’ letter to the Perry Ellis Board of Directors on May 23, 2018: As part of its strategic review process, the Special Committee continues to engage in good faith with George Feldenkreis to see if a transaction that maximizes shareholder value can be achieved. The Special Committee is disappointed that rather than moving forward with constructive negotiations, Mr. Feldenkreis continues to mischaracterize the status of negotiations. The Special Committee is committed to conducting a bona fide process that maximizes and protects the value of shareholders’ investment in the company and will not allow that process to be circumvented by Mr. Felden
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