Nike says Umbro accepts its acquisition offer
NEW YORK (Reuters) - Nike Inc (NKE.N: Quote, Profile, Research, Stock Buzz) said on Thursday that Umbro Plc UMB.L shareholders have accepted its acquisition offer.
The maker of athletic shoes and clothing said that pending court hearings and final regulatory approvals, it expects to complete the acquisition in early March.
(Reporting by Nicole Maestri, editing by Gerald E. McCormick)
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