Lion Capital sends letter to American Apparel urging it to explore options: source

(Reuters) - The board of American Apparel Inc has received a letter from British buyout firm Lion Capital, pushing it to explore strategic options include a sale, a source familiar with the...

from Reuters: Deals http://feeds.reuters.com/~r/news/deals/~3/1Qrr1k8dOu8/us-american-apparel-lion-capital-idUSKBN0K701P20141229