Cherokee (CHKE) Tops Iconix's Bid for Mossimo (MOSS)
More News related to CHKE
- Cherokee Inc. Signs Exclusive License in the People's Republic of China for Its Cherokee Brand
- Cherokee Announces $0.50 Per Share Dividend for December
- Cherokee (CHKE) In Exclusive Deal In U.S. with JEM Sportswear For Sideout Brand
- Cherokee (CHKE) Reports Q2 Earnings; Revenues Decline Year-Over-Year
- Cherokee (CHKE) Maintains $0.50 Qtr. Distribution, Yielding 10.29%
More News related to ICON
- Playboy (PLA) Stock Nosedives 7%+ as Oak Hill Says It Has Not Considered an Investment/Acquisition
- Reports Playboy (PLA) In Talks To Sell Itself to Griffiths, Golden Gate for $300M
- Unusual 11 Mid-Day Movers: 11/12: NLST, COMS, HPJ, PLA, AMD Higher; SVLF, TRMS, NWPX, BRCD Lower
- Iconix (ICON) Says "No Comment" on Rumors of Playboy (PLA) Bid
- Playboy (PLA) Says "No Comment" on Rumors of Iconix (ICON) Bid
More News related to MOSS
- Mossimo Inc. (MOSS) Announces License Agreement with Falabella
- Mossimo (MOSS) Reports Q2 EPS of $0.17
- Mossimo (MOSS) Reports a Q1 Loss of $0.07
- Largest Volume Increases of Note: MSGI, TZOO, EEI, MOSS, NY
- Cherokee (CHKE) Tops Iconix's Bid for Mossimo (MOSS)
Cherokee Inc. (NASDAQ: CHKE) proposed to acquire all the outstanding shares of Mossimo, Inc. (NASDAQ: MOSS) for $8.50 per common share consisting of $6.00 per share in cash and $2.50 per share in stock.
Cherokee said the proposal represents an 8.8% premium to Mossimo's closing share price of $7.81 on April 17, 2006, and a 13.3% premium to the Iconix Brand Group Proposal.
On April 3rd, Iconix Brand Group, Inc. (Nasdaq: ICON) agreed to acquire Mossimo for $7.50 per share, comprised of $3.25 a share in Iconix stock and $4.25 in cash.
Related Categories
Mergers and AcquisitionsRumors
Stocks Mentioned
-0.08Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
