Sharper Image Chairman Quits, Looks To Buy Co.

Law360, New York (April 10, 2008, 12:00 AM EDT) -- The chairman of the board of Sharper Image Corp. has quit to pursue a possible buyout of the bankrupt catalog retailer, the company announced Thursday.

Sharper Image said Jerry Levin was considering joining other investors in acquiring some or all of the company's business or assets and had stepped down from his post. The resignation is effective immediately, the retailer said.

Recently appointed Chief Executive Officer Robert Conway said Sharper Image would “give full consideration to any proposal that may be made to acquire the company's...
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