Android app on Google Play

True Religion Apparel (TRLG) May Not Command a High Price in a Deal

October 12, 2012 12:15 PM EDT Send to a Friend
True Religion Apparel Inc. (NYSE: TRLG) could see some volatility with reports from dealReporter coming out suggesting the company will unlikely get a high price in a takeover.

Shares of True Religion rocketed 22.4 percent higher on Wednesday after announcing it has hired a banker to explore a sale. Shares are currently up fractionally to $25.87.




You May Also Be Interested In


Related Categories

Mergers and Acquisitions, Rumors

Add Your Comment