Friday, June 29, 2007

Hidary raises offer price for Everlast Worldwide

(Reuters) - June 29 - New York-based investor group Hidary Group said it raised its offer price to acquire sporting goods equipment maker Everlast Worldwide Inc. to $31.25 per share in cash from $26.50.



Hidary also said it would be prepared to consider a further increase in its offer price, should Everlast's termination fee in connection with its Brand Holdings transaction be invalidated.


Read more at Reuters.com Mergers News

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