Warnaco's stock jumped $2.75 yesterday, to $25.25, and shares of Authentic Fitness fell 37.5 cents, to $17.875.
In two instances the article confused Warnaco and Authentic Fitness.
Warnaco's stock fell $2.125, to $22, while Authentic Fitness's stock closed unchanged at $17.25.
The two-piece business, which accounted for 25 percent of Authentic Fitness's sales three years ago, now contributes 45 percent.
That deal fell apart, and since then neither Warnaco nor Authentic Fitness has done very well in the stock market.
The tangled history of Warnaco and Authentic Fitness is not a simple tale to tell.
Two members of the Warnaco board without ties to Authentic Fitness were appointed to a committee, decided to proceed and determined the price, she said.
He owns 32,000 shares and options on Authentic Fitness.
The offer is for less than Authentic Fitness shares traded for a few weeks ago.
Authentic Fitness seems to be on to a good thing.