WWD.com/business-news/mergers-acquisitions/sequential-brands-to-acquire-heelys-inc-for-632-m-6530380

mergers-acquisitions

December 10, 2012

Sequential Brands to Acquire Heelys Inc. for $63.2M

The acquisition is the first for the company since hiring Yehuda Shmidman, former Iconix chief operating officer, as chief executive officer last month.

By Vicki M. Young

mergers-acquisitions/news

Sequential Brands Group will acquire roller shoe firm Heelys Inc. for $63.2 million.

Under the terms of the merger agreement, Heelys' shareholders will received $2.25 in cash for each share...

Sequential Brands to Acquire Heelys Inc. for $63.2M

The acquisition is the first for the company since hiring Yehuda Shmidman, former Iconix chief operating officer, as chief executive officer last month.

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