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Lion Capital Sends Letter To American Apparel Urging It To Explore Options: Source

2014-12-29 03:29:44| Apparel - Topix.net

The letter also said that Lion Capital would nominate Lyndon Lea, one of its founders, to the clothing retailer's board of directors to replace one of its previous designees, Gene Montesano. Lion Capital, a former lender to the retailer, has the right to nominate two of American Apparel's nine board seats.

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