After months of negotiations and countless rumors, ABG confirmed that it has made a binding offer to purchase the action sports and lifestyle company from funds managed by Oaktree Capital Management. The deal gives Authentic Brands a portfolio of iconic board sports brands including Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper and Honolua, and also includes Australian retailer, Surf Dive ‘n Ski, which operates more than 80 stores and an e-commerce platform. There are some hurdles left to clear, ABG said, including getting approval from Boardriders’ employee representatives, but if ... Log in to view full article.