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Perry Ellis International, Inc. (NASDAQ: PERY)

Merger

Overview
  • Date:
  • 6/18/2018
  • Company Name:
  • Perry Ellis International, Inc.
  • Stock Symbol:
  • PERY
  • Company Name - Buyer:
  • Goerge Feldenkreis
  • Status:
  • Closed/Complete

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NEW YORK, June 18, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Perry Ellis International, Inc. (NASDAQ: PERY) stockholders concerning the proposed acquisition of the company by George Feldenkreis, the Company’s founder and a member of the Board of Directors.

Pursuant to the proposed transaction, Feldenkreis will purchase all outstanding shares of Perry Ellis at $27.50 per share.  Our investigation concerns whether the Company’s board of directors failed to adequately shop Perry Ellis and obtain the best possible value for its stockholders before entering into an agreement with Feldenkreis.  The Firm is also investigating whether Feldenkreis used his position as a Company insider to take Perry Ellis private in a transaction that is unfair to stockholders.  Feldenkreis is the Company’s former Executive Chairman and is the father of Perry Ellis’ CEO.

If you own Perry Ellis shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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