Business
WHP Global Commences Tender Offer for Lands' End Shares
LEWHP, LLC ("Purchaser"), a wholly owned indirect subsidiary of WH Topco, L.P., d/b/a WHP Global, a leading brand management firm ("WHP Global"), announced today the commencement of a tender offer (the "Tender Offer") to purchase up to 2,222,222 of the issued and outstanding shares of common stock, par value $0.01 per share (the "Shares"), of Lands' End, Inc. (NASDAQ: LE) ("Lands' End") at a price of $45.00 per Share in cash, without interest and less any applicable tax withholdings (the "Offer
About this update from Lands' End Inc
[{"type":"text","content":"NEW YORK, Feb. 26, 2026 /PRNewswire/ -- LEWHP, LLC ("Purchaser"), a wholly owned indirect subsidiary of WH Topco, L.P., d/b/a WHP Global, a leading brand management firm ("WHP Global"), announced today the commencement of a tender offer (the "Tender Offer") to purchase up to 2,222,222 of the issued and outstanding shares of common stock, par value $0.01 per share (the "Shares"), of Lands' End, Inc. (NASDAQ: LE) ("Lands' End") at a price of $45.00 per Share in cash, without interest and less any applicable tax withholdings (the "Offer Price"). If Lands' End's stockholders tender more than 2,222,222 Shares, the Tender Offer will be subject to proration, and Purchaser will purchase Shares on a pro rata basis. As a result of the Tender Offer, WHP Global is expected to own approximately 7% of Lands' End.","length":905,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/WHP Global)","displaySize":"","headline":null,"caption":"(PRNewsfoto/WHP Global)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":45,"url":"https://media.zenfs.com/en/prnewswire.com/f49a95508a943af92a637a8411be538e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Fa9vXvBHrvoKuEJdYwnwhg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTc5O2NmPXdlYnA-/https://media.zenfs.com/en/prnewswire.com/f49a95508a943af92a637a8411be538e","width":400,"height":45}},"href":"https://mma.prnewswire.com/media/1099858/WHP_Global_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The terms and conditions of the Tender Offer are described in a tender offer statement on Schedule TO, including an offer to purchase, a letter of transmittal and related documents, each dated as of February 26, 2026 (as each may be amended or supplemented from time to time, collectively, the "Tender Offer Materials").","length":330,"tagName":"p"},{"type":"text","content":"The Tender Offer will expire at one minute past 11:59 p.m., New York City time, on March 26, 2026, unless extended (such date and time, as the same may be extended, the "Expiration Time") or earlier terminated. In order to receive the Offer Price, holders and beneficial owners of the Shares subject to the Tender Offer must validly tender and not validly withdraw their Shares on or prio...