Payless Will Take Over Stride Rite

2007-06-01T00:00:00

Payless ShoeSource and Stride Rite Corporation have announced an agreement, described as definitive, by which Payless, a large American chain of discount-oriented shoe stores, will pay about $800 million to acquire Stride Rite, along with assumption of debt. Payless’ offer of $20.50 in cash per share represents a 32 percent ...

SGIE Professional

Know what matters. And why

SGIE Professional gives you the analysis behind the news, what a move means for the market and what to watch next.

Try SGIE Professional

30 days for €1

Full Professional access for your first 30 days.

Start Your 30-Day Trial for €1

Single-user access for new subscribers

Access for Your Company

Need access for your team?

Give your organisation the right level of SGIE intelligence, from daily market coverage to deeper analysis and data.

Explore Subscriptions

Not ready to subscribe?

Get our free Daily Digest straight to your inbox.

Get the Daily Digest