Apparel Stores M&A » By The Online Investor Staff, updated Fri., Jun. 9, 7:54 AM
Recent mergers and acquisitions in the Apparel Stores M&A category.
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Slide #6. Delta Apparel — Salt Life Brand
Acquirer:
Delta Apparel (AMEX:DLA)
Acquiree:
Salt Life Brand
Details:
Delta Apparel, Inc. (NYSE MKT:DLA) announced today that its wholly-owned subsidiary, To The Game, LLC, has acquired substantially all of the assets of Salt Life Holdings, LLC, including all of its domestic and international trademark rights in the Salt Life brand.
Delta Apparel is an international apparel company. Co. designs, manufactures, sources, and markets a portfolio of activewear and lifestyle apparel products under its primary brands of Salt Life®, Soffe®, and Delta. Co. focuses on selling casual and athletic products via a variety of distribution channels and tiers, including outdoor and sporting goods retailers, independent and other stores, department stores and mid-tier retailers, mass merchants, eRetailers, the U.S. military, and through its business-to-business digital platform. Co. has two segments; Delta Group, which is comprised of the activewear styles, DTG2Go and Delta Activewear; and Salt Life Group, which is a lifestyle brand.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: DLA Stock Forecast Based on Zacks ABR data; powered by Xignite |
