Last week, jeans maker True Religion (NASDAQ: TRLG) agreed to sell itself to private equity firm TowerBrook Capital Partners for $835 million.

The deal price, which works out to $32 a share, appears to substantially undervalue the company relative to its peers. How do we know this, and what are your options if you own the stock? Listen in as Fool contributor Rich Smith lays it all out for you.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.