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Fossil Group, Inc. Completes Acquisition of Misfit

2015-12-29 23:16:39| Jewelry - Topix.net

Fossil Group, Inc. announced that it has completed, effective December 22, 2015, the previously announced acquisition of Misfit, Inc. for $236.0 million, which included an estimated working capital reduction adjustment of approximately $7.0 million, and does not include approximately $7.0 million of payments with respect to unvested equity awards. The purchase price is subject to a further post-closing working capital true up.

Tags: group acquisition fossil completes

Category:Consumer Goods and Services

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