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The Wall Street Journal: Samsonite close to deal for luxury luggage maker Tumi

2016-03-03 07:15:50| Furniture - Topix.net

Samsonite International SA is nearing a deal to buy luxury luggage maker Tumi Holdings Inc., according to people familiar with the matter. Exact terms of a deal couldn't be learned, but with a typical premium and given its market value of $1.4 billion, the takeover could value Tumi at close to $2 billion.

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