Key Developments For Lacrosse Footwear Inc
Lacrosse Footwear Inc (BOOT.O) (Consolidated Issue listed on NASDAQ Global Market)
LaCrosse Footwear, Inc. Declares Quarterly Dividend
LaCrosse Footwear, Inc. announced that the Board of Directors announced the approval of a quarterly dividend of $0.125 per share of common stock, totaling $0.8 million. The fourth quarter dividend will be paid on December 18, 2009 to shareholders of record as of the close of business on November 22, 2009.
LaCrosse Footwear, Inc. Completes End Footwear Acquisition
LaCrosse Footwear, Inc. announced that it has completed closing of its acquisition of certain assets of Environmentally Neutral Design Outdoor, Inc., or END, a performance footwear company focused on product innovation and sustainability. Through the agreement LFI acquires substantially all the assets comprising END`s footwear business, including inventory, intellectual property, and other assets.
LaCrosse Footwear, Inc. Agrees To Acquire END Footwear
LaCrosse Footwear, Inc. announced that a newly-formed subsidiary has entered into a definitive agreement to purchase certain assets of Environmentally Neutral Design Outdoor, Inc., or END, a footwear company focused on product innovation and sustainability. Subject to customary closing conditions, through the agreement the Company will acquire substantially all the assets comprising END`s footwear business, including inventory, intellectual property, and other assets. The purchase price is expected to be approximately $500,000 and the transaction is expected to be completed by the end of May.
LaCrosse Footwear, Inc. Announces Quarterly Dividend
LaCrosse Footwear, Inc. announced the approval of a quarterly dividend of $0.125 per share of common stock. The second quarter dividend will be paid on June 18, 2009 to shareholders of record as of the close of business on May 22, 2009.
LaCrosse Footwear, Inc. Receives $6.7 Million Order From United States Army
LaCrosse Footwear, Inc. announced that its Danner subsidiary received a new $6.7 million delivery order from the U.S. Army for the Danner Combat Hiker boot. Danner anticipates delivering this order of the Combat Hiker boot beginning in April through August of this year. Danner provides premium performance footwear built to meet the demands and specific requirements for multiple branches of the U.S. Armed Forces. The new Danner Combat Hiker is a full-grain leather hiker designed with a rugged Vibram outsole for traveling over uneven terrain while carrying heavy loads, a breathable Gore Tex lining and a rubber rand surrounding the entire lower boot to protect against abrasion and damage from rock and scree. The Combat Hiker is also shorter than standard issue military boots in order to provide greater mobility during steep ascents and descents. These boots will be produced in the Company's ISO 9001-2000 certified manufacturing facility located in Portland, Ore.
