Reuters: Private Equity: Collective Brands to be acquired for about $1.32 bln

Reuters: Private Equity Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Collective Brands to be acquired for about $1.32 bln May 1st 2012, 13:35 Tue May 1, 2012 9:35am EDT May 1 (Reuters) - Footwear retailer Collective Brands Inc agreed to be bought by a consortium comprising Wolverine Worldwide Inc, Blum Capital Partners and Golden Gate Capital for about $1.32 billion. The group will pay Collective Brands $21.75 per share in cash, a 4.7 percent premium to its stock's Monday close.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions