Camuto Consulting paid USD0.21 (EUR0.17) per share in cash for the stock not held by the Chaus
Women's clothing company Bernard Chaus
Inc (OTCBB:CHBD) has received a "going private" offer from Camuto Consulting Inc, the company disclosed on Friday.
Ting Hung Yi, Chief Executive Officer of China Ting Group Holdings Limited, said, "Chaus
has long been a valued customer and commercial partner.
Dropping mechanism of remelting of consumable electrode, at which the material in small portions (drops) is conveyed from the consumable electrode through a slag pool to forming ingot, provides the high density and lower level of structural heterogeneity in HSS (Chaus
et al., 1997) even though the diameter of ingot is larger than 100 mm.
In addition, Chaus
has entered into a memorandum of understanding with shareholders, Kenneth Braun and Barry Berkowitz, to settle their litigation against the previous transaction.Country: USASector: Clothing/TextilesTarget: Bernard Chaus
IncBuyer: Vince CamutoVendor: Barry Berkowitz, Other shareholders, Kenneth Braun
signed a Nautica license in 1995 and began deliveries in August 1996.
plans to use this space as general, executive and administrative offices, as well as a showroom.
The offer targets the shareholders of Bernard Chaus
, apart from the Chaus
family, China Ting Group and Camuto itself.
Bob Savitt acted on behalf of the ownership and also represented Chaus
in the negotiations.
"Logistics companies are a crucial part of business today," says Jeff Chaus
, president of Chaus
Prime tenants include the Metropolitan Transit Authority, Bernard Chaus
Inc., University Sports Publications, New York Elevator Company and Vanguard Direct.
This lease encompassed all of the remaining available space in this building, which enabled its owner to secure favorable long-term financing, Chaus
Realty was the, co-broker.