Kathie lee apparel maker ralph lauren outlet closes in on cheap ralph lauren polo kasper Kasper board is poised to recommend kellwood offer of roughly $140 million in cash, and an agreement could be signed as early as monday, people familiar with the discussions said.But, these people cautioned, the talks could still fall through.And kasper, which filed for chapter 11 bankruptcy protection in february, would need the blessing of the bankruptcy court overseeing its reorganization before any sale could be finalized, they said.Even once an agreement is reached, other suitors could still come forward with higher offers, the people involved in the discussions said.A management buyout group led by john d.Idol, kasper ceo, and parthenon capital, a private equity firm, made an offer for $80 million, which it later raised to $100 million.Other private equity ... Read more »