Reuters: Mergers News: Kenneth Cole agrees to be taken private

Reuters: Mergers News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Kenneth Cole agrees to be taken private Jun 6th 2012, 16:37 June 6 | Wed Jun 6, 2012 12:37pm EDT June 6 (Reuters) - Clothes and accessories company Kenneth Cole Productions Inc agreed to be taken private by its namesake founder in a deal that values the company at about $280 million. The designer, who holds a 46 percent stake in the company, will pay $15.25 per share for the remaining stake, a 5 percent premium to Tuesday's close. He had offered to take the company private in February for $15 a share.

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