Hanesbrands Swallows GEAR for Sports

Cody, Tamika
August 2010
Mergers & Acquisitions Report;8/16/2010, Vol. 23 Issue 33, p27
The article reports on an agreement entered into by Hanesbrands to purchase GEAR For Sports, the licensee apparel business of Gear Co. Inc., in the U.S. in 2010. It states the plan of Hanesbrands to pay about 55 million dollars in cash and assume the debt of GEAR For Sports, which is valued at 170 million dollars. It was noted that graphic apparel will comprise about 20% to 25% of the outerwear segment sales of Hanesbrands after the acquisition. Bryan Cave LLP is said to be the legal counsel of GEAR on the deal.


Related Articles

  • Debt Acquisition Financing Coming Back? Roberts, Ricado // Mergers & Acquisitions Report;07/10/2000, Vol. 13 Issue 28, p1 

    Deals with the growing popularity of debt financing on mergers and acquisition in the United States. Downturns in the equity market; Comments from Philip Walker, senior director in the financial institutions group at Fitch IBCA Inc.

  • CORPORATE DEBT: WHAT ARE THE ISSUES AND WHAT ARE THE CHOICES. Clark, Richard A.; Sunley, Emil M. // National Tax Journal;Sep89, Vol. 42 Issue 3, p273 

    This article focuses on the increasing corporate debt in the U.S. and its economic impact as of September 1989. With increasing frequency, grim tales can be heard regarding the leveraging of corporate U.S., of how a growing corporate debt burden threatens the very foundations of the U.S....

  • Acquisition finance debt: Day of the non-banks. Stanton, Natalie // Lawyer (Online Edition);3/3/2014, p17 

    The article presents information on the European Acquisition Finance Debt Report 2014 of DLA Piper produced in collaboration with The Lawyer Research Service. It is stated that about 367 acquisition finance debt deals were executed in Europe in 2013. According to the report, return to health was...

  • CLEAN-COAL FIRM RAISES $1.3 BILLION. G. P. // Global Finance;Jul/Aug2008, Vol. 22 Issue 7, p16 

    The article reports that PT Adaro Energy in Jakarta, Indonesia has raised $1.32 billion in the country's biggest initial public offering (IPO) ever by selling 34.8% of its share capital. The clean-coal firm plans to use the proceeds of the IPO to help fund acquisitions and repay debt. Further,...

  • Statewide: TRIAD REGION.  // Business North Carolina;Aug2014, Vol. 34 Issue 8, p24 

    The article provides updates on mergers and acquisitions in North Carolina as of August 2014 including the plan of Hanesbrands clothing company to purchase former sister company DBApparel from investment firm Sun Capital Partners for 550 million U.S. dollars, the decision of financial...

  • The Briefing Box: In Today's WWD.  // WWD: Women's Wear Daily;6/26/2014, Vol. 207 Issue 129, p2 

    The table of contents for the June 26, 2014 issue of the "Women's Wear Daily" is presented.

  • Weighing up the gamble.  // Cabinet Maker;5/20/2005, Issue 5439, p10 

    The article presents an analysis of the pros and cons and the likely outcome of the deal between Great Britain-based furniture manufacturer Homestyle and the South African integrated supplier of household and timber-related products Steinhoff International. Homestyle has raised £105 million...

  • The perfect storm? Chang, Joseph // ICIS Chemical Business;2/18/2008, Vol. 273 Issue 7, p18 

    The article reports that the mergers and acquisitions (M&A) in the chemical industry will be affected by the global credit crisis. Turmoil in the credit markets, concerns about an economic slowdown, and a volatile stock market could put a damper on M&A valuations in 2008. With the global credit...

  • Evidence on the Association Between Mergers and Capital Structure. Shrieves, Ronald E.; Pashley, Mary M. // Financial Management (1972);Autumn84, Vol. 13 Issue 3, p39 

    This article examines whether merger per se may be related to changes in the capital structure of the participating firms. The findings are consistent with the existence of merger-related incentives to increase financial leverage for a significant subset of merging firms. No evidence has been...


Read the Article


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

Try another library?
Sign out of this library

Other Topics