PICKERINGTON, Ohio, Oct. 24, 2013 /PRNewswire/ -- R. G. Barry Corporation (Nasdaq: DFZ) today announced that its Board of Directors has formed a committee of independent directors to review and evaluate a previously-announced unsolicited, non-binding acquisition proposal from Mill Road Capital Management LLC and its affiliated funds.
The committee has retained Peter J. Solomon Company, L.P. to assist it in evaluating the proposal. The committee intends to evaluate the proposal in a timely manner. The Company does not intend to comment upon or provide further updates regarding these matters until the evaluation of the Mill Road proposal has been completed, and the Board has decided on its response to the proposal.
About RG Barry RG Barry develops accessories brands that provide fashionable, solution-oriented products for a great life. Our primary brands include: Dearfoams slippers dearfoams.com; baggallini handbags, totes and travel accessories baggallini.com; and Foot Petals premium insoles and comfort products footpetals.com. To learn more, visit us at rgbarry.com.
SOURCE R. G. Barry Corporation