Perry Ellis Ends Deal Talks With Randa

The Perry Ellis International Inc. board of directors on Tuesday said they've ended talks with New York-based Randa Accessories as a potential buyer of the Doral-based company. Randa aimed to take over Perry Ellis [Nasdaq: PERY] at $28 a share in an all-cash deal, higher than the company's founder George Feldenkries' offered at $27.50 a share, or $437 million. Although higher, the board concluded Randa's proposal had a key inbound licensor precondition, which is not likely to be satisfied.…

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