The Online Investor
Textiles & Apparel M&A image Textiles & Apparel M&A » By The Online Investor Staff, updated Thu., Sep. 24, 11:28 PM Recent mergers and acquisitions in the Textiles & Apparel M&A category.

Slide #24. Sequential Brands Group, Inc. Heelys, Inc.

Acquirer: Sequential Brands Group, Inc. (SQBG)
Acquiree: Heelys, Inc. (HLYS)
Details: Heelys, Inc. and Sequential Brands Group, Inc. announced today they have entered into an agreement and plan of merger dated December 7, 2012, pursuant to which Sequential will acquire all of the outstanding shares of common stock of Heelys for $2.25 per share in cash, or approximately $63.2 million.

Sequential Brands Group owns a portfolio of consumer brands in the active and lifestyle categories, including, Jessica Simpson, AND1, Avia, Joe's and GAIAM. Co.'s brands are licensed for a range of product categories, including apparel, footwear, fashion accessories and home goods. In a wholesale license, a wholesale supplier is granted rights to a single or small group of related product categories for a particular brand for sale to various accounts within an approved channel of distribution and territory. In a direct-to-retail license, a single retailer is granted the right to sell branded products in a range of product categories through its brick and mortar stores and e-commerce sites.

Open the SQBG Page at The Online Investor »

Sequential Brands Group owns a portfolio of consumer brands in the active and lifestyle categories, including, Jessica Simpson, AND1, Avia, Joe's and GAIAM. Co.'s brands are licensed for a range of product categories, including apparel, footwear, fashion accessories and home goods. In a wholesale license, a wholesale supplier is granted rights to a single or small group of related product categories for a particular brand for sale to various accounts within an approved channel of distribution and territory. In a direct-to-retail license, a single retailer is granted the right to sell branded products in a range of product categories through its brick and mortar stores and e-commerce sites.

Open the HLYS Page at The Online Investor »

Company Name: 
Sequential Brands Group Inc (New)
Website: 
www.sequentialbrandsgroup.com
Sector: 
Textiles & Apparel
Number of ETFs Holding SQBG: 
3
Total Market Value Held by ETFs: 
$151167
Total Market Capitalization: 
$8.00M
% of Market Cap. Held by ETFs: 
1.89%
Company Name: 
Heelys Inc
Website: 
www.heelys.com
Sector: 
Textiles & Apparel
 

Quotes delayed 20 minutes


Textiles & Apparel M&A - Slide 24 of 31 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.