CAMUTO BUYS REMAINING CHAUS SHARES: Bernard Chaus Inc. has effectively gone private. Camuto Consulting Inc. has acquired the shares of Bernard Chaus Inc. not owned by members of the Chaus family for 21 cents a share in cash.
The merger was approved by the company’s shareholders at a special shareholders’ meeting on Monday.
This story first appeared in the July 11, 2012 issue of WWD. Subscribe Today.
At the time of the merger, Chaus’ shares ceased to be publicly traded. Chaus plans to deregister its common stock and terminate its reporting obligations under the Securities Exchange Act of 1934, as amended, by immediately filing Form 15 with the SEC. The company’s obligations to file with the SEC certain reports and forms, including Form 10-K and Form 8-K, will be suspended immediately upon the filing date of the Form 15 and will cease once the deregistration becomes effective.