VF acquires Timberland, targeting synergies and higher profits

2011-06-22T00:00:00

VF Corporation, the owner of The North Face and many other outdoor, sports and jeans brands, has agreed to pay about $2 billion to acquire The Timberland Company, the American firm that owns the Timberland and SmartWool brands. The amount doesn't include extra cash at Timberland. If completed, the tie-up ...

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