True Religion Apparel, Inc. today announced that it has entered into a definitive merger agreement with TowerBrook Capital Partners L.P., the New York and London-based investment management firm, in a transaction valued at approximately $835 million.
The merger is subject to approval from True Religion’s shareholders, regulatory approvals and other customary closing conditions, and is expected to close in the third quarter of 2013.
A team from Akin Gump Strauss Hauer & Feld LLP led by corporate practice co-head Frank Reddick acted as counsel to True Religion on the deal.
