UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 7, 2011
PERRY ELLIS INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
| Florida | 0-21764 | 59-1162998 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||
3000 N.W. 107th Avenue Miami, Florida | 33172 | |||
| (Address of principal executive offices) | (Zip Code) | |||
Registrant’s telephone number, including area code: (305) 592-2830
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Securities Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 8.01 | Other Events |
Perry Ellis International, Inc. (the “Company”) issued a press release announcing that it has entered into a definitive agreement to acquire substantially all of the assets of Rafaella Apparel Group, Inc. (“Rafaella”), an entity controlled by Cerberus Capital Management, L.P., for an aggregate purchase price of $70 million plus warrants to purchase 106,564 shares of the Company’s common stock. The purchase price is subject to certain net working capital adjustments as set forth in the definitive agreement.
The Company will host a conference call to discuss the acquisition on Friday, January 7, 2011 at 11:00 AM EST, which will be hosted by George Feldenkreis, Chairman and Chief Executive Officer, Oscar Feldenkreis, President and Chief Operating Officer, and Anita Britt, Chief Financial Officer. To access the broadcast live, please visit the investor relations section of the Company’s website at http://www.pery.com. A replay of the broadcast will be available for 10 days following the call and can be accessed by dialing 1-888-203-1112, passcode 9665504
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. | |
| 99.1 | Perry Ellis International, Inc. Press Release dated January 7, 2011. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PERRY ELLIS INTERNATIONAL, INC. | ||||
| Date: January 7, 2011 | By: | /s/ Cory Shade | ||
| Cory Shade, General Counsel | ||||
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Exhibit Index
Exhibit No. | Description | |
| 99.1 | Perry Ellis International, Inc. Press Release dated January 7, 2011. | |
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