Four days after the special committee of the Perry Ellis International Inc. board reaffirmed its support for George Feldenkreis’ offer to take the company private, Randa Accessories laid out why it believes shareholders should line up behind its offer, which is slightly higher: $28 a share, as compared with Feldenkreis’ $27.50 a share.
In a letter sent to the special committee this morning, Jeffrey Spiegel, Randa’s chief executive officer, wrote: “We were disappointed to read of your decision not to engage with us regarding our compelling proposal that would provide superior value to your shareholders than your existing merger agreement with George Feldenkreis (the insider transaction).”
Penelope Cruz wows in a strapless white @chanelofficial feather dress. She is nominated for Best Movie/Limited Series Supporting Actress for The Assassination of Gianni Versace: American Crime Story. #Emmys
Take a peek into Gucci's new Instagram account (@guccibeauty), which is guided by Creative Director Alessandro Michele’s vision of beauty. In typical Gucci fashion, the account already features a series of artworks spanning across history, ethnicity, culture and geography. It will showcase and promote its new cosmetic launches and fragrances as well as looks from the fashion shows and special collaborations with artists and talents. #wwdbeauty
Photographed by @delphachardphotos