Hanes Puts Up $575M To Acquire Maidenform
Maidenform is a snug fit for Hanes, as the retailer looks to bolster its operating margin next year through various strategies, including acquisitions, the company said. Hanes will pay $23.50 per Maidenform share, a 23 percent premium to Monday's closing price.
The all-cash deal is expected to close by the end of the fourth...
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