Nike Inc. reported a definitive agreement to sell its casual...

2012-11-29T00:00:00

Nike Inc. reported a definitive agreement to sell its casual footwear brand, Cole Haan, to an investment fund, Apax Partners, for $570 million. The price is considered to be relatively high, but it was probably boosted by the fact that Jack Boys, who formerly directed Converse, is going to run ...

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