The person who started athletic apparel company Lululemon Athletica announced Monday that he’s prepared to come to terms on the main conditions offered by the fitness clothing manufacturer.
According to a regulatory document filed Monday, the business attempted without success to resolve its contentious proxy dispute with Wilson just last week, with the clothing company stating that its founder increased his demands during negotiations.
Wilson responded with his own statement, saying: “The Board has not provided me with detail on where our disagreements lie right now, but as of Friday last week, we seemed to be in full agreement on the principal terms.”
