Incipio Bids $177 Million For Skullcandy
The $5.75 a share cash offer has been approved by both companies’ boards and will become final if no competing offers appear during a one month “go-shop” period that ends Jul. 23. Incipio Group is primarily known for cell phone and audio cases and accessories, and Skullcandy would join its portfolio of owned and licensed brands. SKUL has struggled lately with slowing market demand in headphones and bulging retailer inventories, while it also was attempting ... Log in to view full article.