Giannulli withdraws proposal to buy back Mossimo shares
16 Aug '05
1 min read
Mossimo Inc, a premier designer, licensor and distributor of men's, women's, boy's and girl's apparel, footwear, Mossimo Giannulli ("Giannulli"), founder, Chairman of the Board and Co-Chief Executive Officer of Mossimo, Inc announced that he is withdrawing his proposal to acquire all outstanding shares of the Company not owned by him at $4.00 per share. Giannulli said that while he remains interested in acquiring the Company's publicly held shares, he does not intend to increase his bid to the Company's current stock trading levels.
Founded in 1987, Mossimo Inc is a designer, licensor and distributor of men's, women's, boy's and girl's apparel, footwear, and other fashion accessories such as jewelry, watches, handbags, and belts.