U.S. Shoe Brushes Off New Suitor: Fisher...

U.S. Shoe Brushes Off New Suitor: Fisher Camuto Group said it was willing to top Merrill Lynch Capital Partners’ $422.5-million offer for U.S. Shoe Corp.’s footwear business, but U.S. Shoe said it would not pursue the overture. Fisher Camuto, a privately held Stamford, Conn., importer and retailer of footwear, said it had expressed its interest to Merrill Lynch and U.S. Shoe before their agreement but was not given access to confidential information nor allowed to participate in the bidding. U.S. Shoe said it had entered into a binding contract with the Merrill Lynch group and was not permitted to sell the division to anyone else.