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PVH declares common stock issue to Apax

29 Apr '06
3 min read

In addition, the Apax affiliates will receive on May 1, 2006 the regular first quarter dividend payable on the Company's Series B Convertible Preferred Stock.

Under the registration rights agreement between the Company and the Apax affiliates, the Company is obligated to bear certain costs of this offering, which are currently estimated to be $1.2 million.

Phillips-Van Heusen Corporation is one of the world's largest apparel companies.

It owns and markets the Calvin Klein brand worldwide. It is the world's largest shirt company and markets a variety of goods under its own brands, Calvin Klein Collection, ck Calvin Klein, Calvin Klein, Van Heusen, IZOD, Arrow, Bass, G.H. Bass & Co, and Eagle, and its licensed brands Geoffrey Beene, BCBG Max Azria, BCBG Attitude, Chaps, Sean John, Donald J. Trump Signature Collection, Kenneth Cole New York, Kenneth Cole Reaction, unlisted, A Kenneth Cole Production, MICHAEL Michael Kors and, beginning later in 2006, JOE Joseph Abboud.

Phillips-Van Heusen Corporation

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