Nautilus has exercised a purchase option to acquire the assets...

2007-07-19T00:00:00

Nautilus has exercised a purchase option to acquire the assets of China-based Land America Health and Fitness, its largest contract manufacturer, for $72 million following eight weeks of due diligence. The acquisition, which is expected to close in January 2008, is expected to increase the group’s gross margin by 1.5-2.0 ...

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