Hidary Group Acquisitions may try to acquire Everlast. On Sept. 19, shareholders are to vote on a proposed merger with Brands Holdings. The Hidary Group holds 242,847 shares (5.9%).

been doing great for past 2-3 yrs.

From Barron's 6-18-07:

"The boxing-equpment company Everlast (EVST) hastily decided to sell Everlast for a curiously low price. It has a good management team in one corner but in the other corner is a growing group of short-changed stockholders who vow to fight the deal....Aquamarine Capital, which holds a 2.3% stake, says it will vote against the low-ball offer. Since price is the decisive arbiter of cash bids, "why didn't the board of directors run an auction or actively take other measures to get the best possible price?" asks Jeff Lick, managing member of Galt Investments, which holds a 4% stake...Meanwhile, Everlast shares have climbed above the bid and are trading at about 27.50...Stockholders will reflexively argue that their stake is worth more, but Everlast's prospects indeed look bright.