In Brief: Perfumania going private
This article was originally published in The Rose Sheet
Executive Summary
Perfumania going private: CEO Simon Falic and other Perfumania management to repurchase all stock held by shareholders for $6 a share, the company announced June 28. The transaction will occur through an investment company headed by Falic. The privatization is dependent on financing, approval of Perfumania's "disinterested directors," shareholder approval and regulatory approval...