American Apparel Said to Get Takeover Bid From Charney Ally

Updated on
  • Offer of more than $200 Million would mark return for ex-CEO
  • The bid faces long odds as bankruptcy plan nears completion

Dov Charney.

Photographer: Keith Bedford/Bloomberg

American Apparel Inc., set to emerge from bankruptcy this month, has received a takeover bid of more than $200 million from an investor working with ousted Chief Executive Officer Dov Charney, according to people familiar with the situation.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.