True Religion (TRLG) Resumes Trading, Up 26%+ Early

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KeyBanc Upgrades True Religion Apparel (TRLG) to Hold on Possible Sale

October 10, 2012 8:17 AM EDT

KeyBanc upgraded True Religion Apparel (NASDAQ: TRLG) from Underweight to Hold after the company said it is for sale.

"Comps have decelerated to +2.4% in 2Q12 and the Company has undergone a number of fashion missteps. More importantly, we question the relevancy of the... More

True Religion (TRLG) Gets Indication of Interest, Will Evaluate Alternatives

October 10, 2012 7:01 AM EDT

True Religion Apparel, Inc. (Nasdaq: TRLG) announced that after receiving indications of interest from third parties regarding a potential transaction with the Company, the Board of Directors has formed a Special Committee comprised of its non-management directors to explore and evaluate potential strategic alternatives... More