Nike says Umbro accepts its acquisition offer

Thu Jan 31, 2008 10:57am EST
 
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NEW YORK (Reuters) - Nike Inc (NKE.N) 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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