After a five-month pursuit, Sun Capital Securities Group LLC now has 81.9 percent of Kellwood Co.'s total outstanding shares, giving it ownership of the struggling St. Louis-based vendor.
The private equity firm, which first expressed interest in buying Kellwood last September for $762 million in cash, has set up an offering period to buy the remaining stock by the end of the week for the same $21-a-share price.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)