Kenneth Cole Productions Inc. said Wednesday its board has approved the offer from the company’s founder to acquire the firm for $15.25 a share in cash, with an implied enterprise value of $245 million.
Although the board has approved the merger, completion of the transaction still requires approval of the shareholders and is subject to certain closing conditions. The deal the board agreed to is slightly better than the offer of $15 a share first proposed in February.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)