An investor presentation filed with the SEC and no doubt carefully vetted by lawyers contends that the board was a tough negotiator with former CEO George Feldenkreis on his $27.50 per share offer for the company, even though it couldn’t get him to match the $28.90 final offer that Randa Accessories put on the table. It notes that it reformed its governance and ousted Feldenkreis as CEO under shareholder pressure, although it kept his son Oscar as CEO. It also argues that PERY would have had a tough time going forward as a small public company, backing its claim with ... Log in to view full article.