Market Overview

Lululemon Athletica Founder Dennis Wilson Considers Options

Lululemon Athletica (NASDAQ: LULU) founder Dennis Wilson has enlisted the services of Goldman Sachs to consider his options, which include selling his stake in the company or being part of a private-equity firm buyout, according to sources reported by Dow Jones. In response, Lululemon's board has also sought the assistance of advisors, according to someone familiar with the matter.

Goldman Sachs helped Wilson, take Lululemon public in 2007.

Lululemon Athletica shares closed Friday at $40.23, a loss of $0.04.

Posted-In: News Rumors Management M&A

 

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