By  on July 8, 2008

Most companies would make a deal for the right price, especially amid the current troubled economy, and some firms are actively weighing their options.

Last month, cash-strapped NexCen Brands Inc. said it received "numerous expressions of interest" in its Bill Blass and Waverly brands. The firm has inked an agreement with its lender that will provide a bit of additional financial breathing room, at least until the middle of this month. In addition, NexCen has sliced its workforce by 10 percent, a move expected to cut cash outlays by about $3.5 million.

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