TITLE

Questions Surround Collapsed Deal Between Genesco and The Finish Line

AUTHOR(S)
Lunan, Charlie
PUB. DATE
March 2008
SOURCE
SGB;Mar2008, Vol. 41 Issue 3, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the collapse of the $1.5 billion merger deal between Genesco Inc. and Finish Line Inc. The two mall retailers and two units of Swiss investment bank UBS AG announced a settlement on March 3, 2008 regarding the disputed merger agreement. By agreeing to terminate the deal, Genesco picked up $200 million in cash and stock in what is essentially a latent break-up fee.
ACCESSION #
31470773

 

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