K-Swiss (KSWS) Halted Ahead of Potential Sale News
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K-Swiss (KSWS) Will Be Acquired by E.Land for $4.75/Share
January 17, 2013 6:14 AM ESTK-Swiss, Inc. (NASDAQ: KSWS) and E.Land World Ltd. announced today entry into a definitive agreement pursuant to which E.Land World will acquire all of the outstanding common stock of KSwiss for $4.75 per share in cash, or a total equity value of approximately $170 million.
Under the terms of the agreement, which was unanimously approved by KSwiss Board of Directors,... More
K-Swiss (KSWS) Said to Be Acquired for ~$190M
January 16, 2013 5:03 PM ESTK-Swiss, Inc. (Nasdaq: KSWS) shares are ripping on reports that E-Land has agreed to buy the company for 200 billion won, or roughly $190 million. Headlines come from the Korean Economic Daily.
Shares are up 50 percent in late trading.... More
