March 26, 2018
Months after Britain’s down and dirty Sports Direct had flirted with the idea of acquiring Little Foot, it agreed to a much friendlier transaction with the leading up-market sports chain in the U.K. that will sell 100% of Finish Line to JD Sports at $13.50 per share in cash that values the chain at $558 million.
The gun maker formally filed for Ch. 11 bankruptcy following weeks of negotiation between the company and lenders that resulted in a pre-packaged restructuring support agreement in which secured creditors will receive equity and trade creditors will be made whole, allowing the company to continue as a going concern.
The cooler maker withdrew its July 1, 2016 registration statement in a letter filed with the SEC, due to unspecified “market conditions” and noted that no securities had been issued or sold.
The Ugg parent has moved again to enforce its Bailey Button Boot trade dress, this time against U.K. retailer Marks and Spencer, who it accuses of copying the design under its “M&S Kids” line.