Manhattan Industries, which makes apparel bearing such...

Manhattan Industries, which makes apparel bearing such famous designer names as Perry Ellis, Anne Klein and Yves St. Laurent, agreed to be purchased by the smaller Salant Corp. in a deal valuing Manhattan at about $100 million. New York-based Salant, which emerged from bankruptcy last year, said it has signed an agreement to acquire Manhattan at $18.50 per common share, $86.53 per Series A preferred share and $60.00 plus accrued dividends per Series C preferred share.