2005-08-03
Adidas to Buy Reebok
Herzogenaurach / Canton, MA – The Boards of adidas-Salomon AG and Reebok International Ltd. decided that adidas will acquire all of the outstanding shares of Reebok for US$ 59.00 per share in cash. The offer price represents a premium of 34.2 percent over the closing price of Reebok’s stock on August 2, 2005. The transaction … Read the rest of this item