The Company is a designer, producer and brand manager of innovative, high-quality footwear and the category creator in the sport sandal, luxury sheepskin and sustainable footwear segments.
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VF Corporation just announced it will buy Deckers Outdoor Corporation for $78/share. The transaction will close in early 2013.
Do you know how incorrect and misguiding this statement is? This kind of post can get people in big trouble, there is no confirmed buyout, and anyone who believes so is being misled.
How do you know this. If it were true, wouldn't deck be flying to the upside?
According to SEC filings, Carl Icahn has amassed an 11.3 percent stake in the boot maker Deckers Outdoor Corporation (DECK). Icahn hinted that he may initiate communication with DECK’s management team but he did not provide details of his intent. Industry analysts believe Icahn may try to force a sale of the company to a large company like VF Corporation (VFC), which acquired Timberland last year for $2 billion.