Deckers Outdoor (DECK) Ramps on Takeover Speculation

Article Related Articles (3) Stock Quotes (2) Comments (0)

Deckers Outdoor Corp (NASDAQ: DECK) is higher early Monday as investors are overlooking subdued Black Friday sales and focusing instead on takeover speculation.

Bloomberg sparked renewed takeover speculation in the UGG-maker Monday following an article that highlighted value of the stock with shares down 56 percent.

Decker is seen as an attractive takeover target for private-equity firms and rivals such as VF Corp. (NYSE: VFC), owner of the North Face and Timberland brands, according to Wedbush.

Alternative Investment Management & Research SA said the company could be worth $50 per share in a deal, or a 51 percent premium to Friday's close.

Shares of Deckers are up 5.8 percent to $35 in pre-open trading Monday.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Despite Outside Interest, Tumblr and Yahoo! (YHOO) Are in Lockup (MSFT) (FB)
• A Less Sanguine David Tepper? That's the Rumor
• Samsung Boasts About Galaxy S4 Sales; Apple (AAPL) on Watch

Create E-mail Alert Related Categories

Insiders' Blog, Rumors

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?