
10-23-2007, 11:11 AM
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pour me one more
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Join Date: Sep 2004
Posts: 10,934
Points: 1,628,023.77
Bank: 0.00
Total Points: 1,628,023.77
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Nike buys Umbro - $582 million!
OverPriced LINK
Quote:
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Nike, through its subsidiary Nike Vapor Ltd., agreed to pay $3.94 in cash for each Umbro share, a 61 percent premium over the closing price on October 17, the last business day before Umbro confirmed that it had received an offer.
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