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8-K - FORM 8-K - BARRY R G CORP /OH/ | d605294d8k.htm |
EXHIBIT 99.1
September 30, 2013
Mr. Scott Scharfman
Management Committee Director
Mill Road Capital Management LLC
382 Greenwich Avenue
Suite One
Greenwich, CT 06830
RE: | Notice of Acquisition Proposal |
Dear Mr. Scharfman:
The members of the Board of Directors of R.G. Barry Corporation are in receipt of your letter dated September 11, 2013.
Your letter is noticeably silent as to how Mill Road would finance the proposed transaction. Before the Board will invest any time or resources in a review of your proposal, it must be better informed as to your source or sources of financing, the timing related thereto and the likelihood of your being able to consummate a transaction.
Very truly yours,
/s/ Gordon Zacks
Gordon Zacks
Chairman of the Board