The Jordan Company Exits Gear For Sports
November 4, 2010- Share:
The Jordan Company has sold Gear For Sports to Hanesbrands (NYSE: HBI) for $55 million in cash and the retirement of about $172 million of debt. Gear For Sports manufactures and markets sporting apparel and activewear, including college and professional athletic licensed logo apparel. The company was acquired by The Jordan Company for approximately $250 million in 1997.
- Share:
-
-
-
-