Private Equity Is Stealing True Religion
Last week, jeans maker True Religion agreed to sell itself to private equity firm TowerBrook Capital Partners for $835 million.
The deal price, which works out to $32 a share, appears to substantially undervalue the company relative to its peers. How do we know this, and what are your options if you own the stock? Listen in as Fool contributor Rich Smith lays it all out for you.
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The article Private Equity Is Stealing True Religion originally appeared on Fool.com.Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends The Buckle. The Motley Fool owns shares of The Buckle. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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