TITLE

Luxottica Group to Acquire Oakley

PUB. DATE
July 2007
SOURCE
SGB;Jul2007, Vol. 40 Issue 7, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the eyewear company Luxottica Group S.p.A will acquire Oakley Inc. Under the agreement, Luxottica will acquire all of Oakley's outstanding shares, and will purchase of all the company's outstanding options and equity rights. Leonardo Del Vecchio, chairman of Luxottica, shares comments about the acquisition. Jim Jannard, the founder of Oakley, talks about the merger and the future of the Oakley brand.
ACCESSION #
25795807

 

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