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In 2012, Fossil, Inc. agreed to purchase Skagen Designs and some of its partners for approximately $225 million in cash and 150,000 Fossil shares. The total value paid by Fossil would be approximately $236.8 million. [12] [13] In early 2013, Fossil introduced their upscale and more expensive "Fossil Swiss" line of watches which are made in ...
Aronson was retained under terms of the deal as a consultant for six years at $30,000 per year. [98] A total of just over $6.5 million cash were to be used in the acquisition, financed by sale of Iseca capital stock and a $3.9 million loan from the Union Bank of Switzerland. [98]
Named for Skagen, a Jutland peninsula and Denmark's northernmost town, Skagen Designs Ltd. was purchased in 2012 by Fossil, for stock and cash in transaction totaling approximately US$237 million, and it continues to operate as a wholly owned subsidiary under its parent, continuing the traditional brand name Skagen Denmark.
Wall Street experts highlighted the most important stock market charts to watch into next year. From interest rates to software stocks, here's what Wall Street's top technical experts are watching.
A version of this story first appeared at TKer.co. It’s that time of year when Wall Street’s top strategists tell clients where they see the stock market heading in the year ahead.. The ...
Technology stocks led a broad rally on Wall Street Tuesday during a holiday-shortened trading session ahead of Christmas. The Dow Jones Industrial Average added 0.9%, and the tech-heavy Nasdaq ...
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