Therefore, Jones Group and Sycamore Partners have cleared all hurdles and received all required approvals to complete the deal. The companies expect to close the transaction promptly.
Last December, Jones Group agreed to be taken private by affiliates of Sycamore Partners for about $1.2 billion or $15.00 a share in cash. Assuming net debt, the transaction is valued at about $2.2 billion.
“We are pleased to have received such positive shareholder support for the merger with Sycamore Partners. We believe this transaction represents the best outcome for The Jones Group, our shareholders and the loyal customers of our brands, and we expect a seamless transition following the transaction close,” said Jones CEO Wesley Card.
Jones Group consists of recognized brands and licensing agreements include: Nine West, Jones New York, Anne Klein, Kurt Geiger, Rachel Roy, Robert Rodriguez, Robbi & Nikki, Stuart Weitzman, Easy Spirit, Carvela, Gloria Vanderbilt, l.e.i., Bandolino, Enzo Angiolini, Nine & Co., Joan & David, Miss KG, Kasper, Energie, Evan-Picone, Le Suit, Mootsies Tootsies, Erika, Napier, Jessica Simpson, Givenchy, Judith Jack, Albert Nipon, Pappagallo and Rafe. www.jonesgroupinc.com
For commercial purposes, extract supplements can be obtained from the fruit of the pericarp. Garcinia cambogia reviews is performed by a physician Chen and Oz to prove that it is an herb for weight loss, a lot of research has been done. Studies, Garcinia cambogia extract supplementation decreases the weight of the body fat accumulation, was shown to have a positive effect on prevention. We are important substances such as cholesterol (LDL), reduces the serum leptin and triglycerides. In addition, it will increase the level of serotonin and cholesterol (HDL). The study also, Garcinia cambogia extract supplements, has proven that there are no significant adverse effects on many of the eight weeks, such as its use.