Finish Line Exits JackRabbit
Little Foot closed on the previously reported sale of its JackRabbit specialty running business to CriticalPoint Capital. The suitor required a considerable dowry to consummate the deal, so FINL injected $8.3 million into JackRabbit prior to closing, and agreed to pay another $700,000 to CriticalPoint by Sep. 30, 2017. The sale ... Log in to view full article.