J. Crew Board Ties to Drexler May Pose Buyout Conflicts

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Jan. 13 (Bloomberg) -- Millard Drexler, chairman of J. Crew Group Inc., was recruited by TPG Capital in 2003 and is teaming up with the firm and Leonard Green & Partners LP to acquire New York-based J. Crew a second time in a $3 billion deal. In today's Movers & Shakers, Bloomberg's Erik Schatzker reports on potential conflicts posed by ties among the J. Crew board, TPG and Drexler. (Source: Bloomberg)

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