True Religion Apparel agrees to $826M buyout offer

Associated Press
True Religion Apparel agrees to $826M buyout offer

FILE - In this July 17, 2010 file photo, a model stands at the top of the runway during the True Religion 2011 swimwear collection show at the Mercedes-Benz Fashion Week Swim in Miami Beach, Fla. The apparel company announced Friday, May 10, 2013 that it has agreed to a buyout offer of about $826 million from the investment management firm TowerBrook Capital Partners LP. (AP Photo/Lynne Sladky, File)

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