USA: Liz Claiborne Inc To Acquire The Monet Group
Liz Claiborne Inc today announced that it received bankruptcy court approval on Friday July 7, 2000 to acquire the majority of the assets of Monet Group, Inc ("Monet") for a total purchase price of approximately $39.5 million, including the value of debt assumed. Monet filed for bankruptcy protection on May 11, 2000.