The New York Times Dealbook blog mentioned Quiksilver and Nike in the same article today. So?
"One small deal that may be in the works would be the sale of Quiksilver, a maker of surfer-style clothing, to Nike or another strategic acquirer. Quicksilver has retained Morgan Stanley to advise on its strategic alternatives."
And seeing as Quik’s stock closed well below the $2 mark again today it could be a good deal, as long as Nike doesn’t mind buying over a billion in debt.
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