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Subsequent Event (Notes)
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3 Months Ended |
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Mar. 31, 2014
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SUBSEQUENT EVENT
On April 29, 2014, the Company announced it has signed a definitive agreement to purchase prAna Living LLC ("prAna") in a cash transaction valued at approximately $190,000,000, which is subject to customary working capital adjustments. PrAna markets lifestyle apparel for women and men, designed and manufactured in sustainable ways and with a focus on healthy, mindful living. The transaction is expected to close during the second quarter of 2014, subject to customary conditions and regulatory approvals.
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- Details
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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