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New York-Based Design Firm Bought Out by French Fashion Conglomerate.
Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News) Publication Date: 04-APR-01 |
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COPYRIGHT 2001 Daily News
Byline: Judith Schoolman
Apr. 2--Donna Karan International said "oui" yesterday to LVMH Moet Hennessy Louis Vuitton, agreeing to a sweetened $243 million buyout by the French maker of luxury products.
"We'll get the capital and resources for Donna Karan to grow bigger and better," CEO John Idol said of the deal, which values the company at $10.75 a share,...
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