03-08-2005, 10:11
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#1
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Join Date: Jun 2003
Posts: 6,239
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Adidas to buy Reebok
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Originally Posted by Reuters
FRANKFURT, Aug 3 (Reuters) - German sports goods maker Adidas-Salomon (ADSG.DE: Quote, Profile, Research) is buying U.S. rival Reebok (RBK.N: Quote, Profile, Research) in a 3.1 billion euros ($3.8 billion) deal to expand its reach in Nike's (NKE.N: Quote, Profile, Research) home market.
Adidas, the number two in the sports goods industry behind Nike, said on Wednesday it is buying the outstanding shares of No. 3 player Reebok for $59 per share in cash, a 34 percent premium to Reebok's closing share price on Tuesday.
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Linky. |
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03-08-2005, 10:17
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#2
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cf.mega poster
Join Date: Nov 2004
Posts: 7,736
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Re: Adidas to buy Reebok
Looks like Chavs wearing classic Rebook trainers will have a fashion crisis now.
Soon to appear will be a fancy bright blue with classic white highlights air max thing called a shoe for about £99.
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03-08-2005, 11:50
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#3
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In Permanent employment
Join Date: Apr 2005
Location: Unfortunately David Camerons constituency
Age: 49
Services: L BB, XL Digi TV, basic phone.
Posts: 4,905
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Re: Adidas to buy Reebok
Won't suit my neighbour! He loves Reebok and can't get on with Adidas.
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03-08-2005, 13:15
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#4
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Duh !
Join Date: Jun 2003
Location: S Manchester
Age: 59
Posts: 1,679
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Re: Adidas to buy Reebok
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Originally Posted by Saxodriver
Looks like Chavs wearing classic Rebook trainers will have a fashion crisis now.
Soon to appear will be a fancy bright blue with classic white highlights air max thing called a shoe for about £99.
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Nah they all be getting the new Reedas or Adibok trainers !! 
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Tone
Think outside the Fox
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03-08-2005, 14:57
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#5
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Look into my eyes
Join Date: Mar 2005
Location: bolton
Age: 39
Services: non
wife took control
Posts: 5,280
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Re: Adidas to buy Reebok
 the adidas stadium just doesnt sound right
it would need extra wide seats 
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please excuse my written english it has never bin my stongpoint 
once you have eliminated the impossible whatever left however improbable must be the truth
www.vforum.me.uk
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03-08-2005, 15:08
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#6
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Guest
Location: Yorkshire
Posts: n/a
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Re: Adidas to buy Reebok
Business sources advise that they will be building the biggest sweat shop in the far east, and predict thousands of new low paid jobs for the under nines in the area.
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05-08-2005, 16:28
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#7
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Hello !
Join Date: Mar 2004
Location: East Midlands
Services: VMedia 2mb
Posts: 10,734
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Re: Adidas to buy Reebok
I guess that means all the fake manufacturers will be kicking themselves if there is a name change. Dont wear any of them myself. Cant stand them.
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06-08-2005, 07:18
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#8
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You know I'm the daddy.
Join Date: Jun 2003
Location: Sutton in Ashfield.
Age: 42
Services: NTL TV, phone and 10meg Broadband.
Posts: 3,030
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Re: Adidas to buy Reebok
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Originally Posted by Pierre
Business sources advise that they will be building the biggest sweat shop in the far east, and predict thousands of new low paid jobs for the under nines in the area.
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There was s tory in the SUN yesterday about that saying thousands of jobs will be crated in China after the merger of Adidas and Reebok. |
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