True Religion up 21% as it mulls sale

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NEW YORK (MarketWatch) -- True Religion Apparel Inc. on Wednesday said it's formed a special committee of its board of directors to explore the possible sale of the company, along with other strategic alternatives for the Vernon, Calif., retailer and maker of jeans and sportswear. True Religion said no decision has been made to engage in a transaction, and it's set no timetable for the ...

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