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Lion Capital Presses American Apparel To Explore Strategic Options
Monday, December 29, 2014 - 9:58am | 214Lion Capital, the hedge fund that formerly backed American Apparel Inc (NYSE: APP) continues to urge the company to consider its strategic alternatives, including a sale of itself, according to The Wall Street Journal. WSJ stated that the company received a letter from Lion Capital, a key investor...
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American Apparel Pops Amid Report It's Reviewing 'Strategic Options'
Friday, December 26, 2014 - 11:12am | 142Shares of American Apparel Inc (NYSE: APP) traded higher Friday following a report that the company is weighing “strategic options.” Sources told CNNMoney that the troubled retailer hired Moelis as an advisor on a range of potential options. In addition, the company recently "...