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Tommy Hilfiger calls meeting to vote on merger agreement on May 9
03 Apr '06
1 min read
Fashion designer Tommy Hilfiger Corporation has scheduled a special meeting of shareholders for May 9th 2006 to consider and vote on a proposal to approve the previously announced agreement to acquire the company by funds advised by Apax Partners.
Shareholders of record of the company as of February 28th 2006 will be entitled to vote on the transaction. The company is filing its definitive proxy statement for the special meeting today and will be mailing it to shareholders this week.
As previously announced, in connection with the transaction, Tommy Hilfiger USA Inc intends to commence this week cash tender offers and consent solicitations for its outstanding 6.85 percent Notes due 2008 and 9 percent Senior Bonds due 2031.
The acquisition is expected to close promptly following the shareholder meeting, subject to the satisfaction of the previously disclosed closing conditions.
Tommy Hilfiger Corporation, through its subsidiaries, designs, sources and markets men's and women's sportswear, jeanswear and childrenswear. The company's brands include Tommy Hilfiger and Karl Lagerfeld.
Shareholders of record of the company as of February 28th 2006 will be entitled to vote on the transaction. The company is filing its definitive proxy statement for the special meeting today and will be mailing it to shareholders this week.
As previously announced, in connection with the transaction, Tommy Hilfiger USA Inc intends to commence this week cash tender offers and consent solicitations for its outstanding 6.85 percent Notes due 2008 and 9 percent Senior Bonds due 2031.
The acquisition is expected to close promptly following the shareholder meeting, subject to the satisfaction of the previously disclosed closing conditions.
Tommy Hilfiger Corporation, through its subsidiaries, designs, sources and markets men's and women's sportswear, jeanswear and childrenswear. The company's brands include Tommy Hilfiger and Karl Lagerfeld.
Tommy Hilfiger Corporation
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