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Perry Ellis Authorizes Special Committee to Evaluate George Feldenkreis Proposal
- Client News
- February 6, 2018
Paul, Weiss is representing a special committee of independent directors of Perry Ellis International, Inc. in evaluating a proposal from George Feldenkreis to acquire the company. Feldenkreis, whose role as executive chairman was eliminated in September 2017 and who founded the Doral, Florida-based apparel company 50 years ago, has teamed with Fortress Investment Group LLC for the acquisition bid of $27.50 a share, or about $430 million.
The Paul, Weiss team included, among others, corporate partners Robert Schumer, Kelley Parker, John Kennedy and Marco Masotti and counsel David Harris; employee benefits counsel Jarrett Hoffman; and litigation partner Audra Soloway and counsel Maria Keane.