American Apparel, Inc. (fka APPCQ)

[Lone Wolf]

Nice. I'm down for a sweetened bid. The important 'take-away', at least from that piece' is that APPCQ is open to taking Dov up on his offer if the price is right.

They better be careful though. If they are unreasonable / greedy, this falls apart and not all stakeholders benefit. They can also o straight to the judge and indicate the company is not carrying out their fiduciary responsibility by rejecting a superior deal. Company better make sure they are consulting with ALL stakeholders and not making determinations simply based on pride or their feelings toward Dov.