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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Jerry S. who wrote (4244)	12/30/1998 1:08:00 AM
From: Tim Luke	Respond to of 90042

Wednesday December 30, 12:39 am Eastern Time St John hires financial advisors IRVINE, California, Dec 30 (Reuters) - St John Knits Inc said on Tuesday it has hired Merrill Lynch and Wasserstein Perella & Co to advise it on the takeover proposal by the company's founder, chairman and chief executive, Bob Gray. Earlier in December, Gray offered to acquire the outstanding shares of the women's clothing manufacturer that were not already owned by the Gray family for $28 per share in cash. St John shares closed up at 25- in New York Stock Exchange composite trade on Tuesday