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NY Post Reports Dov Charney will Attempt to Take Back Reins of American Apparel


According to the NY Post, Dov Charney, ousted by the American Apparel (NYSE: APP) Board as CEO on Wednesday, is seeking shareholder support and additional board seats, in an attempt to gain a majority. According to sources, Charney could attempt to increase the number of directors to 13, with the help of shareholders Lion Capital and FiveT Capital.

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Posted-In: NY PostNews Rumors Management M&A


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