Sycamore Gets More Time To Mull $295M Billabong Buyout
Sycamore, which earlier this month lowered its offer to AU$287 million ($295 million), will have until May 8 to complete its research. Billabong's financials have steadily eroded over the course of its 15-month sale process, which has involved five potential buyers making lower and lower offers.
“It is anticipated...
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