Roots Deal Approved, Goes Private
Roots shareholders voted overwhelmingly for the go-private deal, with over 99% giving the green light, as Marquee Brands acquires the outdoor and lifestyle apparel brand for C$4.10 ($2.97) per share in cash for a purchase price of C$160.7 million ($116.4 mm). The acquisition agreement required at least two-thirds of shareholders to vote in favor. Marquee ... Log in to view full article.
