By  on July 2, 2014

As Dov Charney locks horns with American Apparel Inc.’s board for control of the company, potential buyers weighing a takeover are sitting on the sidelines and, as one source put it, more intrigued than interested.

“I don’t think this is an asset that’s a need-to-have asset for anybody,” said the banker, who’s been talking to would-be buyers. “Everybody’s sitting back and waiting. I’m not sure anybody knows how this plays out. I don’t think this is over anytime soon.”

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus