Businessweek

TowerBrook%20Capital%20Partners%20L.P.%20entered%20into%20a%20definitive%20merger%20agreement%20to%20acquire%20True%20Religion%20Apparel%20Inc.%20%28NasdaqGS%3ATRLG%29%20from%20Snow%20Capital%20Management%2C%20LP%20and%20other%20investors%20for%20approximately%20%24820%20million%20in%20cash%20on%20May%2010%2C%202013.%20Under%20the%20terms%20of%20the%20merger%20agreement%2C%20TowerBrook%20will%20acquire%20all%20of%20the%20outstanding%20shares%20of%20True%20Religion%20common%20stock%20for%20%2432.00%20per%20share%20in%20cash.%20Deutsche%20Bank%2C%20Jefferies%20and%20its%20affiliates%2C%20UBS%20Investment%20Bank%20and%20Macquarie%20Capital%20have%20provided%20committed%20financing%20to%20TowerBrook%20in%20support%20of%20the%20transaction.%20The%20merger%20is%20subject%20to%20approval%20from%20True%20Religion%27s%20shareholders%2C%20regulatory%20approvals%20and%20other%20customary%20closing%20conditions%20and%20is%20expected%20to%20close%20in%20the%20third%20quarter%20of%202013.%20The%20Board%20of%20Directors%20of%20True%20Religion%20unanimously%20approved%20the%20merger%20agreement%20and%20recommends%20that%20True%20Religion%20shareholders%20vote%20in%20favor%20of%20the%20transaction.%20%0D%0A%0D%0AGuggenheim%20Securities%2C%20LLC%20acted%20as%20financial%20advisor%20and%20Greenberg%20Traurig%2C%20LLP%20acted%20as%20legal%20advisor%20to%20the%20Special%20Committee%20of%20the%20Board%20of%20True%20Religion.%20Akin%20Gump%20Strauss%20Hauer%20%26%20Feld%20acted%20as%20legal%20advisor%20to%20True%20Religion.%20Deutsche%20Bank%2C%20Jefferies%20and%20UBS%20Investment%20Bank%20acted%20as%20financial%20advisors%20to%20TowerBrook%2C%20while%20Steven%20A.%20Cohen%2C%20Steven%20A.%20Cohen%2C%20Ante%20Vucic%2C%20Scott%20W.%20Golenbock%2C%20William%20T.%20Clayton%2C%20Damian%20G.%20Didden%2C%20Yuni%20Yan%2C%20Jeremy%20L.%20Goldstein%2C%20Rohit%20A.%20Nafday%2C%20Stephen%20G.%20Gellman%2C%20Dianna%20Chen%2C%20Joshua%20A.%20Feltman%2C%20Corinne%20C.%20Musa%2C%20Peter%20B.%20Zuckerman%2C%20Jodi%20J.%20Schwartz%2C%20and%20Rachel%20B.%20Reisberg%20of%20Wachtell%2C%20Lipton%2C%20Rosen%20%26%20Katz%20acted%20as%20legal%20advisors%20to%20TowerBrook.