TITLE

Gap, Inc., Snaps Up Athleta for $150 Million

AUTHOR(S)
Ryan, Thomas J.
PUB. DATE
October 2008
SOURCE
SGB;Oct2008, Vol. 41 Issue 10, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Gap Inc. has decided and agreed to acquire the sports and active apparel catalog company Athleta Inc. for about $150 million in cash. It states that the acquisition will strengthen Gap's active apparel for women sector in the U.S., as well expanding the online presence of the company. Analyst Richard Jaffe at Stifel Nicolaus & Co. said athletic apparel segment for women is very attractive merchandise category and it will help Gap Inc. gain popularity in the market.
ACCESSION #
34948694

 

Related Articles

  • The winning strategy. Bullock, Brent // Oregon Business Magazine;Apr2007, Vol. 30 Issue 4, p31 

    The article reports that merger-and-acquisition transactions dominated the deal landscape in Oregon in 2006. A hundred and four merger deals made it to the list of the biggest business transactions in the U.S. in 2005. Companies in Oregon also continued their strategic expansion initiatives...

  • Premium Propositions: Pent-Up Cash Meets Downturn's Survivors for Burst of Action at Higher Prices. Casacchia, Chris // Orange County Business Journal;3/14/2011, Vol. 34 Issue 11, p26 

    The article reports on the anticipation that bargains on mergers and acquisitions in Orange County, California could be closing in the middle of signs that private equity and corporate buyers are deploying stockpiles of cash collected during the recent recession. It cites recent deals including...

  • Gap Buys Athleta In $150M Cash Deal. Moin, David // WWD: Women's Wear Daily;9/23/2008, Vol. 196 Issue 63, p3 

    The article reports on the acquisition of sport ad active apparel company Athleta by Gap Inc. in the U.S. It reveals that the company was acquired for a disclosed deal of $150 million which provides an opportunity for its customers to buy Athleta's products online, along with Gap's apparel. It...

  • Get a grip. Knowles, Peter // Engineer (00137758);12/11/2006, Vol. 293 Issue 7714, p29 

    No abstract available.

  • AQUISITION REWARDS For the Dedicated Acquirer. Cools, Kees; King, Kermit; Tsusaka, Miki; Neenan, Chris // Mergers & Acquisitions: The Dealermaker's Journal;Sep2004, Vol. 39 Issue 9, p28 

    Presents the research on the growth of corporations through acquisition conducted by The Boston Consulting Group. Significance of separating the sample companies in categories to determine how the market values different growth strategies; Comparison of total shareholder return for the...

  • Colombian dairy to invest in US.  // Dairy Industries International;Jan2008, Vol. 73 Issue 1, p11 

    The article reports on the expansion plans of Colombian dairy Alpina SA in the U.S. Alpina plans to buy a yogurt maker in the U.S. in the first half of 2008. It also has identified possible takeover targets in Connecticut, New Jersey, and New York. The expansion in the U.S. is cited to be a part...

  • Seeking expansion opportunities in an uncertain economy. Fitzgerald, Beth // njbiz;3/2/2009, Vol. 22 Issue 9, p5 

    The article focuses on the expansion of the pension administration business of Steven Greenbaum through acquisitions of firms despite the economic uncertainty. Greenbaum intends to grow his book of business to about 1,000 companies and thinks that baby boomers, who are business owners, are...

  • Coach Expanding In China.  // WWD: Women's Wear Daily;1/14/2010, Vol. 199 Issue 10, p3 

    The article presents information on the expansion plans of Coach Inc. in China. The U.S.-based accessories company will open a flagship in Shanghai recently in April, 2010. The company is planning to open 15 locations recently in China. The company acquired the Coach domestic retail businesses...

  • Acquisition strategy for Elmwood. Exon, Mike // Design Week;2/24/2005, Vol. 20 Issue 8, p6 

    Focuses on the strategy of Elmwood to acquire small design consultancy in London, England as part of its bold strategy to grow the business. Appointment of three non-executive heavyweights by consultancy chairman Jonathan Sands to advise on business affairs; Evaluation of the operations under...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics