BizJournals Portfolio

Daily Brief

Jul 19 2007 12:00am EDT

Speculative Dealmaking

The hot new fashion label Proenza Schouler sold off a 45 percent stake to Valentino Fashion Group for $3.7 million, in what seems like a lousy deal. Mediabistro founder Laurel Touby sold her company to JupiterMedia for a whopping $23 million.

Is there a deal to be had here?

Lauren Goldstein Crowe's full Fashion blog post on this subject can be found here


Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com

Come on, like us—you know you want to.

Follow us and if you're an innovative entrepreneur, we'll return the favor.

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

Slideshows

500 Startups Hits New York

Dave McClure's brainchild makes its way to New York and introduces East Coast money folks to some intriguing new companies. View Slideshow