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Published on 9/19/2007 in the Prospect News Special Situations Daily.

Sun Capital Securities wants Kellwood

By Lisa Kerner

Charlotte, N.C., Sept. 19 - Kellwood Co.'s board of directors will evaluate an unsolicited letter from Sun Capital Securities Group, LLC regarding the acquisition of Kellwood for $21 cash per share.

The Sept. 18 proposal is subject to a number of conditions, including completion of due diligence, a company news release stated.

Kellwood is a St. Louis-based marketer of apparel and consumer soft goods.


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