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02.20.2008 9:45 am

Sun Capital completes Kellwood acquisition

St. Louis Post-Dispatch

Sun Capital Securities Group LLC this morning announced the completion of the acquisition of Kellwood Co. for approximately $767 million, including the assumption of Kellwood’s net debt.

The transaction was consummated through a cash tender offer by Cardinal Integrated, LLC, a…

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02.19.2008 9:25 am

Sun Capital says it now owns 93.7 percent of Kellwood

St. Louis Post-Dispatch

Sun Capital Securities Group LLC this morning announced the completion of its cash tender offer to purchase all outstanding shares of Kellwood Co.

Sun Capital said approximately 2.5 million Kellwood shares had been tendered in the subsequent offering period. These…

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02.13.2008 7:45 am

Sun Capital extends offer for remaining 10 percent of Kellwood shares

St. Louis Post-Dispatch

Sun Capital Securities Group LLC this morning announced that it has acquired commitments for 90 percent of the shares of Kellwood Co.

The private equity investment group said it is offering the same $21 a share offer to the holders…

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02.12.2008 12:30 pm

Sun Capital has 57 percent of Kellwood shares

Sun Capital Securities Group, which has offered to buy Kellwood Co. at $21 a share,  said Tuesday that it now has at least 57 percent of the apparel marketer’s shares based on stock that was tendered Monday.

Town and Country-based Kellwood agreed on…

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02.11.2008 7:56 am

Kellwood board now backs Sun Capital takeover bid

Kellwood Co., which twice rejected a buyout bid from Sun Capital Securities Group, agreed today to a $542 million takeover by Sun Capital and is recommending that stockholders tender their shares.

The Town and Country-based apparel marketer agreed to the…

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02.06.2008 10:35 am

Sun Capital says Kellwood execs will go along with shareholders

St. Louis Post-Dispatch

Bloomberg News this mornings is reporting that Kellwood Co. executives and directors have told Sun Capital Partners Inc. they will submit their shares in favor of a $542 million hostile takeover bid if most stockholders support the sale.

“Both the…

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01.28.2008 8:22 am

Kellwood’s board clears way for Sun Capital takeover

Kellwood Co. is going to let its shareholders decide the fate of the company.

While taking no position on the bid, the Town and Country-based clothing maker and marketer on Sunday said it intends to remove all impediments to the takeover…

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01.21.2008 4:14 pm

Kellwood extends early debt tender deadline

Kellwood Co. said Monday it’s extending the early tender deadline to Jan. 30 for its $60 million debt buyback offer so the Town & Country apparel marketer has time to respond to a hostile takeover bid. The previous early deadline…

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