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Article: American Apparel and Endeavor Acquisition Corp. Announce Definitive Merger Agreement.
- Article from:
- Business Wire
- Article date:
- December 19, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Vertically-Integrated Manufacturer/Retailer To Access Equity Capital to Fuel Growth; Deal Subject to Endeavor Shareholder and Regulatory Approval
LOS ANGELES -- American Apparel Inc., a leading domestic vertically-integrated manufacturer and retailer of cotton fashion basics and the largest T-shirt manufacturer in the United States, and Endeavor Acquisition Corp. ("Endeavor") (AMEX: EDA), a specified purpose acquisition company, today announced they have signed a definitive merger agreement.
Pursuant to the agreement, Endeavor will acquire American Apparel and its affiliated subsidiaries for up to 32,258,065 shares of restricted Endeavor stock. Endeavor ...