Mossimo Giannulli Withdraws Proposal to Acquire Entire Public Minority Stake of Mossimo, Inc.
16 August 2005 - 10:00PM
Business Wire
Mossimo Giannulli ("Giannulli"), founder, Chairman of the Board and
Co-Chief Executive Officer of Mossimo, Inc. (NASDAQ: MOSS) (the
"Company") announced today that he is withdrawing his proposal to
acquire all outstanding shares of the Company not owned by him at
$4.00 per share. Giannulli said that while he remains interested in
acquiring the Company's publicly held shares, he does not intend to
increase his bid to the Company's current stock trading levels.
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