Cherokee (CHKE) to Acquire Hi-Tec Sports International

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/6/2026

1. PTC
2. NVDA
3. PCVX
4. META
5. MSFT
6. SPY
7. RXO
8. GOOGL
9. GMAB
10. USO

Go back to Cherokee (CHKE) to Acquire Hi-Tec Sports International

Cherokee Global Brands Announces Intent to Acquire Hi-Tec Sports International

November 28, 2016 4:12 PM EST

SHERMAN OAKS, Calif., Nov. 28, 2016 (GLOBE NEWSWIRE) -- Cherokee Global Brands (NASDAQ: CHKE) (Cherokee Global Brands, CGB or the Company), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, today announced that it intends to enter into a share purchase agreement to acquire Hi-Tec Sports International Holdings B.V. (Hi-Tec), a global footwear company.

Transaction Highlights:

The Hi-Tec business to be converted to a branded licensing model, consistent... More