Nike Gives The Boot To Cole Haan In $570M Sale To Apax

By Kelly Rizzetta (November 16, 2012, 3:10 PM EST) -- Sportswear giant Nike Inc. continued its streamlining campaign on Friday with an announcement that it will unload the Cole Haan LLC footwear and accessories fashion label to private equity heavyweight Apax Partners LLP in a $570 million cash transaction....

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