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The company will allegedly sell stock to the investors at $0.90 a share, a discount from Wednesday's closing price of $1.21. As of of 2:30 p.m. today, American Apparel's stock had seen a 8.2 percent increase to $1.31.
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- Companies:
- American Apparel
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Kyle A. Richardson
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Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.
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