Looking for Privacy
The special committee of independent directors for Los Angeles–based Tarrant Apparel Group has retained law firm Bingham McCutchen LLP as a legal adviser and Houlihan Lokey Howard & Zukin as a financial adviser to help Tarrant executives Gerard Guez and Todd Kay in their efforts to acquire the outstanding publicly held shares of the company. Guez and Kay together own about 51 percent of the company’s common stock. The two announced earlier this year that they are seeking to purchase the remaining shares in cash for 80 cents per share. Shares of Tarrant stock are currently trading at 68 cents per share.
