Bernard Chaus Offer
Camuto Consulting Inc. has offered to take Bernard Chaus private by buying shares in the company for 13 cents a share. The purchase would mean Camuto Consulting would own 41 percent of the company while the other owners would be the Chaus family and the China Ting group. Bernard Chaus’ labels include Vince Camuto, Josephine Chaus and Cynthia Steffe. The proposed transaction would be structured as a cash merger requiring the approval of not less than two-thirds of Chaus’ shareholders.
