By  on December 18, 2007

PARIS — More than 55 percent of Gant's shareholders have rejected a hostile bid by Maus Frères SA, the Swiss retail group that owns the Lacoste brand, executives said Monday.

Less than a week ago, Maus Frères launched the 5.2 billion Swedish kronor, or $810.2 million, bid to take over the Swedish sportswear firm that operates 310 stores.

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