American Apparel is considering a buyout
(Image credit: Andrew Burton/Getty Images)
American Apparel Inc. shares jumped 7 percent Monday after the company announced it was considering a buyout offer.
The Associated Press reports that the buyout offer was between $1.30 and $1.40 per share. The company didn't reveal the buyer's name.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
SUBSCRIBE & SAVE
Sign up for The Week's Free Newsletters
Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.
Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.
Explore More
