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Kenneth Cole, The Famous Clothing Brand Of The United States, Agreed To Accept The Acquisition Of The Founder'S Privatization.

2012/6/9 8:01:00 45

Famous Clothing BrandClothing BrandKenneth Cole

Beijing time on the morning of June 7th,

Famous clothing brands in America

Kenneth Cole (KCP) announced on Friday that its board of directors has approved the offer of the company's founder, the famous fashion designer, Kenneth Cole, to buy a 54% stake in the company which he did not own at $15.25 per share. Karl



Kenneth Cole store


The price was higher than Karl's $15 per share offer in February, compared with 17% of the stock's closing price prior to the first day of the offer and a 5% premium to Tuesday's closing price.



Kenneth Cole women's wear


Kenneth Karl is now famous in the United States.

Clothing brand

Kenneth Cole Productions Inc, chairman and chief creative officer, owns 46% of the company's outstanding shares.



Kenneth Cole white women's suit


The designer said,

Kenneth Cole

As a private company, it can grow better than a publicly traded company focused on short-term performance.

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