By and  on September 24, 2012

Kenneth Cole Productions Inc. is biddingadieu to the public markets.

Shareholders on Monday approved KennethCole’s plan to take the company private for $15.25 a share — giving thefirm an enterprise value of about $245 million. The deal is expected toclose today. The designer already held 46 percent of the company’s stockand 89 percent of the voting power, but a majority of othershareholders needed to sign off on the transaction for it to becompleted.

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