Lululemon Athletica LULU founder Dennis Wilson has enlisted the services of Goldman Sachs to consider his options, which include selling his stake in the company or being part of a private-equity firm buyout, according to sources reported by Dow Jones. In response, Lululemon's board has also sought the assistance of advisors, according to someone familiar with the matter.
Goldman Sachs helped Wilson, take Lululemon public in 2007.
Lululemon Athletica shares closed Friday at $40.23, a loss of $0.04.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in