Thursday, June 28, 2007

UPDATE 1-Everlast agrees to be acquired by Sports Direct unit

(Reuters) - Brand Holdings' offer of $30 a share, a premium of about 13
percent to Everlast's Wednesday close of $26.49, topped an
earlier $26.50 a share deal with Hidary Group.




Everlast said it paid a termination fee of about $3 million
to Hidary.


Read more at Reuters.com Mergers News
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