Denim maker True Religion accepted bids from private equity underwriters (PEU's). Potential bidders include Carlyle Group, Apax Partners and Leonard Green & Partners.
PEU Glam Rock stars include The Carlyle Group's David Rubenstein, who draws adoring crowds at the Kennedy Center and Lincoln Center. PEU's occupy the fast lane, given private capital is the answer to all of America's ills, healthcare, infrastructure and education.
PEU is America's true religion, so it's fitting True Religion is going PEU.
PEU Report/State of the Division